Metro Bank

Description

Metro Bank plc is a retail and commercial bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange.

Overview
Type: Private
Funding Status: M&A
Foundation year: 2010
Location: London, United Kingdom
Number of employees: 501-1000
Founders: Anthony Thomson, Vernon Hill
Website: https://www.metrobankonline.co.uk/
Target geographic market:

Europe

Awards:

Moneynet Awards 2019: Best All Round Personal Finance Provider, Best Business Credit Card

About Product/Service
ValuationPublic, £197m
 
Product cost-
OtherMetro Bank was acquired by First National Bank on Aug 4, 2015

Key people

Funding rounds

Last Funding Date N/A
Last Funding Amount N/A
Last Funding Type N/A
Total Funding Amount N/A
Number of Funding Rounds N/A

Financials

Customer/Products segments Business Accounts, Business Lending, Consumer Lending, Credit Card:Mastercard, Individual/Retail Accounts, Overdrafts, Remittance/International Transfers, Multi-Currency Accounts
Banking licenseHave a full banking license
Estimated revenue$100M to $500M
Number of investors N/A
Number of lead investorsN/A
Names of lead investorsFirst National Bank
M&AMetro Bank has acquired RateSetter on Aug 3, 2020, for £12M.

Tech stack

Competitors

Founding Date Type Tags
x
Delo Bank

Online bank for small enterprises

2018 Challenger banks, fintech
x
Northrow

Northrow helps businesses manage regulatory and...

2010 Private NorthRow
x
Pockit

Pockit is building the world’s most inclusive...

2014 Private Challenger banks, fintech
x
Alpian

Alpian is an innovative Swiss financial services...

2019 Private Challenger banks, fintech
x
Doconomy

Doconomy is a new company that aims to find...

2018 Challenger banks, fintech

Reviews