Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services. | |||
Founding Date | Founding Date 2010 | Founding Date 2015 | Founding Date 2015 |
Type | Type Private | Type Private | Type Subsidiary |
Tags | |||
Locations | Locations Lehi, US HQ | Locations London, GB HQ | |
Employees | Employees 9753% increase | Employees 18,6772% increase | Employees 3,8133% increase |
Valuation ($) | Valuation ($) 1.9 b | Valuation ($) 33 b | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) £636.2m (FY, 2021) | Revenue (est.) £355.6m (FY, 2023) |
Cost of goods | Cost of goods N/A | Cost of goods £196m (FY, 2021) | Cost of goods £141.1m (FY, 2023) |
Gross profit | Gross profit N/A | Gross profit £440.2m (FY, 2021) | Gross profit £214.5m (FY, 2023) |
Net income | Net income N/A | Net income £26.3m (FY, 2021) | Net income (£116.3m) (FY, 2023) |
Operating ⚠ | |||
Customers | Customers 16 k (May, 2021) | Customers 30 m (Aug, 2023) | Customers 7.4 m (FY, 2023) |
Funding | |||
Latest funding round | Latest funding round $ 300m (over 5 years ago) | Latest funding round $ 800m (almost 5 years ago) | Latest funding round N/A |
Total funding raised | Total funding raised $ 475m | Total funding raised $ 1.7b | Total funding raised $ 1.5b |

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View companyMonzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.
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