Monzo
Founded Year
2015Stage
Secondary Market | AliveTotal Raised
$1.862BValuation
$0000Revenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+68 points in the past 30 days
About Monzo
Monzo operates as a digital banking platform that focuses on personal finance management. The company offers personal and joint accounts, allowing users to track income, manage spending, and save money through an integrated mobile app. Monzo primarily serves individuals looking for an easy-to-use banking solution. Monzo was formerly known as Mondo. It was founded in 2015 and is based in London, United Kingdom.
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ESPs containing Monzo
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital financial wellness market consists of fintechs that deliver combinations of financial products, including banking, investing, loans, and P&C insurance, as well as planning tools such as goals-based planning, account aggregation, asset allocation, and budgeting tools. These companies often have B2C and B2B2C distribution models. While digital financial wellness companies may offer compl…
Monzo named as Highflier among 15 other companies, including SoFi, MoneyLion, and Revolut.
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Research containing Monzo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Monzo in 7 CB Insights research briefs, most recently on Aug 30, 2024.
Expert Collections containing Monzo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Monzo is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,258 items
Fintech 100
1,247 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
13,559 items
Excludes US-based companies
Digital Banking
1,059 items
Challenger bank offer digitally native banking products (checking and savings account at the most basic) and either leverage partner banks or are fully-licensed banks themselves.
The financial planning market map
75 items
Latest Monzo News
Jan 22, 2025
Exploring the Future of Monzo: Will it Choose London or Another Market for Its Initial Public Offering? Highlights: The decision on the IPO location could significantly influence the company’s growth. London and alternative markets are being considered as viable options. Monzo’s CEO and board are actively debating the potential venues for the company’s initial public offering (IPO), weighing the advantages of staying in London against exploring other markets. This decision is critical, as it could have substantial implications for Monzo’s growth trajectory and investor interest. As the fintech landscape evolves, the choice of an IPO venue will reflect Monzo’s strategic priorities for the future. The discussion highlights the dynamic nature of the UK fintech sector and the importance of making informed decisions to maximize opportunities. Tags
Monzo Frequently Asked Questions (FAQ)
When was Monzo founded?
Monzo was founded in 2015.
Where is Monzo's headquarters?
Monzo's headquarters is located at 5 Appold Street, London.
What is Monzo's latest funding round?
Monzo's latest funding round is Secondary Market.
How much did Monzo raise?
Monzo raised a total of $1.862B.
Who are the investors of Monzo?
Investors of Monzo include GIC, Stepstone Group, CapitalG, Hedosophia, Passion Capital and 28 more.
Who are Monzo's competitors?
Competitors of Monzo include ONE, Plum, Monese, Greengage, Colendi and 7 more.
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Compare Monzo to Competitors
Starling Bank is a digital bank that focuses on providing a range of banking services within the financial sector. The company offers personal and business banking solutions, including current accounts, overdrafts, loans, and money transfer services, all accessible through an intuitive mobile app. Starling Bank primarily serves individuals and businesses looking for modern, mobile-first banking experiences. It was founded in 2014 and is based in London, United Kingdom.
N26 is a digital bank that offers mobile banking services in the financial sector. The company provides a platform for personal finance management, enabling users to manage their money and conduct financial transactions. N26 primarily serves individual consumers. It was founded in 2013 and is based in Berlin, Germany.
Atom Bank is a financial institution that provides an online banking platform focusing on personal and business banking services. The company offers savings accounts, residential and commercial mortgages, and business loans. It primarily serves individuals looking for savings options and businesses seeking financing solutions. Atom Bank was founded in 2014 and is based in Durham, United Kingdom.
Bancacao is a developer of banking products. The company's Tzune is a digital financial services platform that offers fair, contactless, and personal solutions.
Revolut is a financial technology company focused on providing digital banking services. The company offers a range of products including personal finance management tools, multicurrency accounts, cryptocurrency and stock trading, insurance products, and financial analytics. Revolut primarily serves individuals seeking enhanced control and flexibility over their finances. It was founded in 2015 and is based in London, United Kingdom.
Shawbrook Bank is a bank that focuses on savings, lending, and financial services. The company provides savings accounts and personal loans for individuals, as well as finance solutions for SMEs and real estate professionals. Shawbrook Bank was formerly known as Whiteaway Laidlaw Bank. It was founded in 2011 and is based in Brentwood, England.
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