About Metro Bank
Metro Bank is a publicly listed company based in London (United Kingdom) founded in 2010. Commercial banking services are provided in the United Kingdom. It operates on a Professional Services and Subscription Services model. Metro Bank has raised $564 million across 7 funding rounds from investors including Spaldy Investments, BCR and Reuben Brothers. Metro Bank has completed 2 acquisitions, including RateSetter and SMEIF. Its chief executive, as recorded, is Daniel Sweeney Frumkin. Its website metrobankonline.co.uk draws about 1 million monthly visits. Metro Bank offers products and services including Current Account, Savings Account, Mortgages, Credit Card, and Pet Insurance. Its focus areas include Banking and Retail Banking. Its legal entity is Metro Bank PLC. Its competitors include Virgin Money, Investec and HSBC; 1 of its 3 listed competitors has raised funding.
Company details
Metro Bank is established as a retail banking institution in the United Kingdom, offering a wide range of personal and business banking services. Current accounts, savings accounts, mortgages, and credit cards are provided to meet diverse financial needs. Insurance products, including pet insurance, are also made available. The bank operates across London and beyond, focusing on relationship banking through human connection and long-standing customer relationships. Services are accessible in-store, online, and via a mobile app, ensuring comprehensive financial solutions for individuals and businesses.
- Annual Revenue$1.15 B (USD)as on Dec 31, 2025
- Net Profit$70.56 M (USD)23.29as on Dec 31, 2025
- Total Equity Funding$564M (USD)
in 7 rounds
- Latest Funding Round$397.53M (USD), Post-IPO
Oct 2023
- InvestorsSpaldy Investments
& 2 more
- Investments & AcquisitionsRateSetter
& 1 more
Products & Services of Metro Bank
Metro Bank offers a comprehensive portfolio of products and services, including Current Account, Savings Account, Mortgages, Credit Card, and Pet Insurance.
Personal current accounts are offered for daily transactions.
Savings accounts are provided for financial growth purposes.
Residential and buy-to-let mortgages are facilitated for customers.
Credit cards are issued for personal borrowing needs.
Pet insurance is offered for customer peace of mind.
Apps and channels of Metro Bank
its YouTube channel MetroBankChannel has 2.9K subscribers and 30 videos.
Videos from Metro Bank
The most watched videos on Metro Bank's YouTube channel, MetroBankChannel (2.9K subscribers). Click a video to play it here.
More on MetroBankChannel.
Funding Insights of Metro Bank
Metro Bank has successfully raised a total of $564M across 7 strategic funding rounds. The most recent funding activity was a Post-IPO round of $397.53 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $564M
- Total Rounds 7
- Last Round Post-IPO — $397.53M
- Investors Count 3
All 7 funding rounds of Metro Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $397.53M | Post-IPO | – | – | |
| May 2019 | $480.65M | Post-IPO | – | – | – |
| Feb 2019 | $156.61M | Grant | – | – | |
| Jul 2017 | $362M | Post-IPO | – | – | – |
| Mar 2016 | $564M | Private Equity Round | – | – | – |
| Jun 2010 | Seed | – | – | ||
| Mar 2010 | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Metro Bank
Metro Bank has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Spaldy Investments, BCR and Reuben Brothers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in growth-stage companies are managed via private equity. | spaldyinvestments.tcc.mode | Road Town, British Virgin Islands | ||
Private equity firm | reubenbrothers.com | Geneva, Switzerland | ||
| bcr-ltd.com |
Investor details for Metro Bank
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People of Metro Bank
392 people are tracked at Metro Bank (106 in leadership, 17 in board & advisors, 269 in team).
| Name | Role | Group |
|---|---|---|
Daniel Sweeney Frumkin | CEO | Leadership |
Mark Davies | Director | Leadership |
Richard Jenkins | Director | Leadership |
Daniel Frumkin | CEO | Leadership |
Rav Bagri | Local Director - Midlands | Leadership |
Paul Brown | Relationship Director | Leadership |
Bhav Mandalia | Director Of Cloud And Service Delivery | Leadership |
Brett Wills | Credit Partner - Invoice Finance | Leadership |
Faisal Hussain | COO | Leadership |
James Scarborough | Regional Director, Invoice Finance, Business Development And Relationship Management | Leadership |
Kirsten McLeod | Chief Risk Officer | Leadership |
Joshua Gurton | Corporate Banking Director - Structured Finance | Leadership |
Jo Bullard | Director Of Bank Accounts And Deposits | Leadership |
Nicholas Kalamaras | Head Of Hospitality, Leisure & Healthcare | Leadership |
Lee Currier | Local Director | Leadership |
Lee P. | Director Of Customer Service Centre's | Leadership |
Andrew McLaughlin | Director Of Banking Operations | Leadership |
Louise Smith | Head Of Operations | Leadership |
Charles O'Neill | Head Of Inward Investment | Leadership |
Baz Thompson | Head Of Fraud And Investigations | Leadership |
372 more people are available in the full profile.
Complete people profiles for Metro Bank
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IPO & Listings of Metro Bank
Metro Bank is a publicly listed company on the LSE with ticker symbol MTRO in UK, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 May 2023
- Listed onLSE: MTRO
- Listed entityMetro Bank Holdings Plc
- Exchange sectorFinance
- ISINGB00BMX3W479
- Share price164.80 GBX (+1.73% on the day) · 2026-10-14
- Market capitalisation1,091,287,928.00 GBX
- Price to earnings20.9
- EPS (diluted, trailing year)0.08 GBX
- Volume (last session)273,806
Financials of Metro Bank
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 856.2M GBP | 52.4M GBP | |
| 2024 | 964.2M GBP | 42.5M GBP | |
| 2023 | 994.9M GBP | 29.5M GBP | |
| 2022 | 684.2M GBP | -72.7M GBP | |
| 2021 | 519.7M GBP | -248.2M GBP |
Detailed financial statements for Metro Bank
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Investments & Acquisitions by Metro Bank
Metro Bank has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RateSetter and SMEIF.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online P2P lending platform for consumer and business loans | ratesetter.com | London, United Kingdom | 2010 | Aug 2020 | •••• | |
Invoice financing services are provided to small and medium enterprises. | smeif.com | Guildford, United Kingdom | 2000 | Aug 2013 | •••• |
Complete acquisition details for Metro Bank
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Timeline of Metro Bank
6 dated milestones of Metro Bank across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Metro Bank is founded.
- Funding First funding round.
- Acquisition Acquires SMEIF.
- Acquisition Acquires RateSetter.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $397.5M.
Competitors of Metro Bank
Metro Bank has 3 listed competitors in our database, 1 of them funded. They include Virgin Money, Investec and HSBC.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| virginmoney.com | 1995 | Newcastle Upon Tyne, United Kingdom | $152M | 3,224 | Virgin Money is recognized as a provider of banking and financial services in the UK. | |
| investec.com | 1974 | London, United Kingdom | 9,444 | Global banking, investment, and wealth management services are offered worldwide. | ||
| hsbc.com | 1865 | London, United Kingdom | 220,861 | Universal banking and financial advisory services are provided globally. |
Detailed competitors of Metro Bank
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Web traffic of Metro Bank
The website of Metro Bank (metrobankonline.co.uk) receives about 1M visits a month and ranks #45,315 among all websites worldwide, #2,883 in Banking Credit and Lending.
- Monthly visits1M
▲ 8.5% vs previous month
- Unique visitors216.9K
per month
- Global rank#45,315
among all websites
- Category rank#2,883
Finance · Banking Credit and Lending
- Bounce rate30%
- Pages per visit5.6
- Average visit8 min 02 sec
- DevicesDesktop 50% · Mobile 50%
Websites whose visitors overlap most with Metro Bank. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| santander.co.uk | 100% | 14M | #2,399 | View details | |
| nationwide.co.uk | 99% | 9.7M | #4,283 | View details | |
| barclays.co.uk | 87% | 7.6M | #4,746 | View details | |
mymetrobank.com | mymetrobank.com | 79% | – | ||
| americanexpress.com | 77% | 107.4M | #276 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Metro Bank
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Related news about Metro Bank
Complete news archive for Metro Bank
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Frequently Asked Questions about Metro Bank
Metro Bank was founded in 2010.
Metro Bank is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Daniel Sweeney Frumkin is the CEO of Metro Bank, as recorded in our data.
Metro Bank is a funded company, having raised a total of $564M across 7 funding rounds to date.
Annual revenue of Metro Bank is $1.15B as on Dec 31, 2025.
Metro Bank is established as a retail banking institution in the United Kingdom, offering a wide range of personal and business banking services. Current accounts, savings accounts, mortgages, and credit cards are provided to meet diverse financial needs. Insurance products, including pet insurance, are also made available. The bank operates across London and beyond, focusing on relationship banking through human connection and long-standing customer relationships. Services are accessible in-store, online, and via a mobile app, ensuring comprehensive financial solutions for individuals and businesses.
Metro Bank's top competitors include Investec, Virgin Money and HSBC.
Metro Bank offers Current Account, Savings Account, Mortgages, Credit Card, and Pet Insurance.
Yes, Metro Bank is publicly traded on LSE under the ticker symbol MTRO.
Metro Bank has made 2 acquisitions, including RateSetter, and SMEIF.
Metro Bank has 3 investors. Key investors include Spaldy Investments, BCR, and Reuben Brothers.
Metro Bank operates through Metro Bank Plc.