Monzo
formerly Monzo Bank LimitedYour New Favourite Bank
London, United Kingdom · Founded 2015 · $1.2B raised
- Headquarters
- London
- Employees
- 1001–5000
- Founded
- 2015
- Business Model
- B2C
- Website
- monzo.com
- Total Funding
- $1.2B
- Last Round
- $190.0M Extension RoundMay 2024
- Rounds
- 5
About
Monzo is a UK-based digital bank built on a microservices architecture using Go and Kubernetes, serving millions of personal and business customers. Founded in 2015, it offers current accounts, savings pots, loans, and business banking through a mobile-first app. Monzo has expanded into the United States and is one of Europe's largest and fastest-growing neobanks.
Summary
Monzo is a Financial Services company based in London, United Kingdom, founded in 2015. It has raised $1.2B in total across 5 rounds, most recently a $190.0M Extension Round round in May 2024. Investors include GIC, CapitalG and GV.
Tech & App Stack
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Funding History
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May 2024
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Series C through Extension Round — per-round amounts, valuations, and who invested in each round.
Investors
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