| Company Name | Monzo |
|---|---|
| Product | Bank – Current Account |
| Industry Area | Mobile/Online Banking |
| Rank | 4 |
Monzo (previously Mondo) is a digital, mobile-only bank in the UK. Monzo offers a high-tech banking app and credit card. It gives users instant balance updates and offers to its clients a range of intelligent notifications such as tracking recurring payments and providing summaries of exactly where their money goes each month. Monzo’s users have spent more than £20m in over 130 countries since its launch.
| Inception | 2015 | Number of Clients | 65,000 |
|---|---|---|---|
| Headquarter | London, UK | Number of Partners | Undisclosed |
| Founders | Tom Blomfield, Paul Rippon, Jonas Huckestein, Gary Dolman, Jason Bates | Stage of Development | Funded (Seed, A, B, C Rounds) |
| Team Size | 25-50 | ||
| Geographic Diversity | Europe | Money Raised From | Venture Capital |
| Year | Year Total revenue growth $M | Total Funding Raised $M | Total Funding Expected $M |
|---|---|---|---|
| 45.05m |
Winner of Fintech Company of the Year City A.M. Awards 2016
Website https://monzo.com/
VibePay Expands Fee-Free, Instant Payments To Online Sellers
Businesses can now apply for a Monzo Business Account
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
Starling boss Anne Boden says digital banks ‘have to show they can make a profit’
A strong fintech needs more than just access to funding
Get your head up in the clouds, it’s good for business
How to support remote working without compromising productivity
Comments