Monzo
UK mobile-first neobank — checking, savings, lending, and investments.
Fintech
📍 London, United Kingdom
Founded 2015
Current Valuation
$5.9B
as of 2024-Q4
UNICORN
Monzo is one of the UK's leading digital banks with 11M+ customers, having reached its first annual profit in 2024. Valued at $5.9B in its 2024 secondary, the company has tapped Morgan Stanley to advise on a potential 2026 IPO that could value it at £6B+.
Company Profile
Est. Revenue
$418M (2025-Q1)
Growth
~48% YoY revenue growth
Last Round
Secondary — $190M (May 2024) · Lead: CapitalG / GV
Founders & Key People
Tom BlomfieldJonas HuckesteinJason BatesPaul RipponGary Dolman
Investors
CapitalG · GV · Accel · General Catalyst · Passion Capital · Y Combinator · Coatue · Tencent
Products
- Personal current account
- Joint accounts
- Business banking
- Monzo Premium / Plus
- Lending
- Monzo Investments
- Monzo Pension
Competitors
Revolut · Starling Bank · Chase UK · N26 · Wise
fintechneobankukconsumer-bankingipo-track
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q4. Refreshed quarterly.