Monzo’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Monzo is a provider of digital retail banking services for business or personal accounts. Read more

TS Anil's photo - CEO of Monzo

CEO

TS Anil

CEO Approval Rating

85/100

Founded:

2015

Status:

Est. Annual Revenue
Est. Employees

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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N26 is seen as one of Monzo's top competitors. N26 was founded in Berlin, Berlin} in 2013. N26 is in the Application Software industry. Compared to Monzo, N26 generates $7.1M more revenue.

Revolut is Monzo's #2 competitor. Revolut was founded in 2014, and its headquarters is in London, England. Revolut competes in the Application Software industry. Revolut has 1,000 more employees than Monzo.

Starling Bank is Monzo's #3 rival. Starling Bank is headquartered in London, England, and was founded in 2014. Starling Bank operates in the Diversified Financial Services industry. Starling Bank generates 59% the revenue of Monzo.

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Growth Score - 1/1

Is $50.5M a good estimate for Monzo's revenue?

Acquisitions

No recent acquisitions found related to Monzo

Monzo Funding History

$3.1M$17.7M$138.2M$271.8M$415.7M$491M

Since Monzo was founded in 2015, it has participated in 12 rounds of funding. In total Monzo has raised $491.0M. Monzo's last funding round was on Jun 2020 for a total of $75.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series G
Jun 2020
$75.3M

Y Combinator

Series F
Jun 2019
$143.9M
Crowdfunding
Dec 2018
$25.2M
-
Series E
Oct 2018
$108.4M
Unattributed
Aug 2018
--

Total Funding: $491M

Since Monzo was founded in 2015, it has participated in 12 rounds of funding. In total Monzo has raised $491.0M. Monzo's last funding round was on Jun 2020 for a total of $75.3M

Investments

No recent investments found related to Monzo

Monzo News

September 2, 2020Fintech Direct

Monzo pursues profit with two new fees

"Minority" report... according to UK challenger bank. The post Monzo pursues profit with two new fees... See more »
September 2, 2020FinTech Ranking

Monzo adds fees for ATM withdrawals and lost cards

As part of its efforts to cut costs, Monzo has added two new fees for The post Monzo adds fees for AT... See more »
August 31, 2020International Finance

Monzo's annual loss more than double; Monzo Plus performs well

The digital bank has said that the pandemic's uncertainty might affect its operations The post Monzo'... See more »
August 21, 2020USA Science News

$1.6 billion challenger bank Monzo is ending coronavirus salary freezes for staff but warns 'we are not fully out of the woods yet'

Internal slack messages from challenger bank Monzo, seen by Business Insider, show that the startup i... See more »
August 20, 2020Computing

we learned a lot from self-hosting Kubernetes, but we wouldn't do it again

Don't need to do it the hard way anymore UK challenger bank Monzo was an early adopter of Kubernetes,... See more »
August 19, 2020TechCrunch

Tristan Thomas, Monzo's long-standing VP of Marketing, is departing the challenger bank

Tristan Thomas, Monzo's long-standing VP of Marketing - who joined the challenger bank almost five ye... See more »
August 19, 2020City A.M.

Monzo marketing chief steps down amid doubts over bank's future

Monzo's long-standing head of marketing is stepping down as the challenger bank faces doubts over its... See more »

Monzo Blogs

June 20, 2019Monzo Blog

We had problems with bank transfers on 30th May. Here's what happened and how we're fixing it for the future.

On the 30th of May 2019 between 09:54 and 19:20, around a quarter of bank transfers into Monzo accoun... See more »
June 18, 2019Monzo Blog

How you could save up to £259 on your energy bills

If you haven't renewed your contract with your existing energy supplier or switched to a new one in t... See more »
June 18, 2019Monzo Blog

Dear Monzo, I'm finally debt-free but my credit score has never been so bad!

Dear Monzo,For the best part of the last 20 years, I've been in credit card and loan debt which gener... See more »
June 17, 2019Monzo Blog

Monzo called asking me to move my money into a safe account. Should I?

In the last few days, we've seen an increase in customers telling us they've got calls from people cl... See more »
June 17, 2019Monzo Blog

We've got a special treat for our community in Manchester!

In the three years we've been building Monzo, we've always felt incredible love from our community in... See more »
June 14, 2019Monzo Blog

Your 31 most-asked questions about Monzo, answered

We took to Google to find out what Monzo-related questions you've been searching the internet for. Yo... See more »
June 14, 2019Monzo Blog

The Monzo hacks and features you need most this festival season

Festival season's finally here! Whatever event you're off to, here's how you and your friends can get... See more »

Monzo Press Releases

Monzo Videos

Social Statistics

Headquarters

5 Appold Street Broadwalk House

London, EnglandEC2A 2DA

44-20-3872-0620

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Summary

ABOUT

Overview

Monzo is a provider of digital retail banking services for business or personal accounts. Monzo was founded in 2015. Monzo's headquarters is located in London, England, GB EC2A 2DA. It has raised 491.0M in 12 rounds. The latest round was in Jun 2020....

CEO

Monzo's CEO, TS Anil, currently has an approval rating of 85%. Monzo's primary competitors are N26, Revolut & Starling Bank.

Website

monzo.com

Frequently Asked Questions about Monzo

  1. When was Monzo founded?

    Monzo was founded in 2015
  2. Who is Monzo's CEO?

    Monzo's CEO is TS Anil
  3. How much revenue does Monzo generate?

    Monzo generates $50.5M in revenue
  4. How much funding does Monzo have?

    Monzo has historically raised $491M in funding
  1. Where is Monzo's headquarters?

    Monzo's headquarters is in London England, GB
  2. How many employees does Monzo have?

    Monzo has 1,500 employees
  3. What sector does Monzo operate in?

    Monzo is in Application Software
  4. Who are Monzo's competitors?

    Monzo's top competitors are N26, Revolut, Starling Bank