About Monzo
Monzo is a company based in London (United Kingdom) founded in 2015 by Jonas Huckestein Templestein. Monzo has raised $1.9 billion across 21 funding rounds from investors including Stripe, Deliveroo and Tencent. Monzo has completed 1 acquisition, including Habito. Monzo offers products and services including Current Account, Savings Pot, Flex Credit Card, and Loans. Monzo operates in a competitive market with competitors including Starling Bank, Atom bank, Varo, Revolut and Comun, among others.
- Headquarter London, United Kingdom
- Founders Jonas Huckestein Templestein
- Stage Unicorn
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Sectors
Financial Services
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Email
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- Legal Name Monzo Bank Limited
- Date of Incorporation 18 Feb, 2015
- Jurisdiction LONDON, ENGLAND
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Products & Services of Monzo
Monzo offers a comprehensive portfolio of products and services, including Current Account, Savings Pot, Flex Credit Card, and Loans.
Personal account for daily transactions and budgeting tools
Digital tool for setting aside and earning interest
Card for building credit with cashback offers
Options for up to £25,000 with eligibility checks
People of Monzo
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Software Development Team
153 people
Finance and Accounting
110 people
Senior Team
61 people
Operations Team
57 people
Product Management Team
44 people
Data Analysis and Operations Team
42 people
Leadership Team
31 people
Sales and Marketing
30 people
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Funding Insights of Monzo
Monzo has successfully raised a total of $1.9B across 21 strategic funding rounds. 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.
Investors in Monzo
Monzo has secured backing from 38 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Stripe, Deliveroo and Tencent.
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Provider of investment management and real asset services
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Investments in growth-stage companies are made by Hedosophia.
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Investor details for Monzo
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Investments & Acquisitions by Monzo
Monzo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Habito.
Investment portfolio details for Monzo
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- Portfolio identities
- Transaction dates
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Online mortgage broker digitizing application processes for borrowers.
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Complete acquisition details for Monzo
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Financial Statements - Monzo
Detailed financials for Monzo
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Monzo Comparisons
Peer comparison for Monzo
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Competitors of Monzo
Monzo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Starling Bank, Atom bank, Varo, Revolut and Comun, among others.
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Digital banking services are offered to consumers and businesses.
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Digital banking services are provided for individuals and businesses.
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Digital banking services are offered to individuals via mobile apps.
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Banking solutions are provided for retail customers and businesses.
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An online platform for retail banking solutions is provided.
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Detailed competitors of Monzo
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Latest news on Monzo
Complete news archive for Monzo
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Frequently Asked Questions about Monzo
Monzo was founded in 2015.
Monzo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
TS Anil is the current CEO of Monzo.
Monzo is a funded company, having raised a total of $1.9B across 21 funding rounds to date.
Monzo was established in 2015 in London, United Kingdom, as an internet-first bank in the fintech sector. Deposit accounts, money transfers, debit cards for purchases, consumer loans, and SME loans are provided to users. An app-based platform is maintained for iOS and Android devices, supporting operations for personal and business clients across the region.
Monzo's top competitors include Revolut, Starling Bank and Atom bank.
Monzo offers Current Account, Savings Pot, Flex Credit Card, and Loans.
Monzo has made 1 acquisition, including Habito.
Monzo has 38 investors. Key investors include Stripe, Deliveroo, Tencent, Crowdcube, and Kaiser Permanente.
The valuation of Monzo is $4.5B as of Dec 2021.