Monzo
Digital-only bank platform
Hybrid
Some members of the team work remotely, while others are co-located in one or more offices.
💼Finance
👥1,001-5,000
📍London, England, United Kingdom
Monzo

About Monzo

About Monzo
About Monzo
About Monzo
About Monzo
About Monzo
Monzo is a digital-only bank platform and marketplace that allows customers to access a range of products and services.

What Monzo is building

Monzo product / service
Monzo product / service
Monzo product / service
Monzo product / service
Monzo product / service
Monzo is a digital-only bank platform and marketplace that allows customers to access a range of products and services.

Technologies used at Monzo

Back-end (2)
Android (1)
iOS (1)
PythonPython
AWSAWS

Funding roundsIconOpenNewWindows

Total Funding

Total Funding

$648.1M
Last funding round type

Last funding round type

Series G
Company type

Company type

For Profit

Monzo news and updates

Monzo launched gambling block service on Jun 1st 18'.

Monzo launched its gambling block service in June 2018, aimed at helping individuals suffering from gambling addiction.

Dec 12, 2022 | gamblingnews.com

Monzo launched BNPL products in the UK on Sep 5th 21'.

With BNPL rivals snapping up younger customers, NatWest, Virgin Money, HSBC and Monzo have all launched BNPL products in the UK over the past year.

Sep 4, 2022 | paymentscardsandmobile.com

Monzo has issues with SMS-based phishing campaign which aims to steal sensitive information from their accounts

UK customers of the fintech bank Monzo have been targeted by an SMS-based phishing campaign which aims to steal sensitive information from their accounts, according to CityAM.

Jan 1, 2022 | chargedretail.co.uk

Tom Bloomfield left Monzo as CEO on Jan 1st 21'.

In January 2021, Tom Bloomfield stepped down from his position as CEO of Monzo Bank after recognising and admitting to his own mental health issues.

Jan 1, 2022 | willpolston.com

Assurant, Inc. partnered with Monzo on Oct 20th 20'.

On October 20, 2020, Assurant, a leading global provider of lifestyle and housing solutions that support, protect, and connect major consumer purchases, has partnered with Monzo Bank to provide end-to-end digital mobile phone insurance for Monzo customers, as part of the bank’s new Monzo Premium account.

Jan 1, 2022 | digitaljournal.com

Monzo hires Fernando Fanton as chief product officer

Fintech challenger bank Monzo has hired Fernando Fanton as its new CPO.

Jan 1, 2022 | businessinsider.com

Monzo launches Crypto payment solution

Monzo adds that the Crypto payment solution will curb travelers’ fraud and phishing when they pay in debit and with credit cards.

Jan 1, 2022 | coinrevolution.com

Monzo launches feature to banking app

Learn more Monzo has added a new feature to its banking app to allow customers to make charitable donations with just a few clicks.

Jan 1, 2022 | comparebanks.co.uk

Monzo flexes new ‘buy now, pay later’ feature for purchases

UK digital bank Monzo is jumping into the ‘buy now, pay later’ (BNPL) market with its latest feature, Monzo Flex.

Sep 17, 2021 | Silicon Republic

Monzo introduces Monzo Flex

Monzo Flex lets you spread the cost of purchases over 3 months interest free, or over 6 or 12 months at 19% APR (variable).

Sep 16, 2021 | Fintech Finance

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

Sep 16, 2021 | Finextra Research

PlaceSense partners with Monzo

Placense, an Israeli location intelligence provider, is working with Monzo and plans to increase its UK business in Q3.

Jan 1, 2021 | businesscloud.co.uk

Behavioural Insights Limited partners with Monzo

Over these four years Behavioural Insights Limited has teamed up with a diverse group of partners, including, among others, HSBC, Monzo, bet365 and GambleAware to show how behavioural insights can play a critical role in reducing gambling-related harms.

Jan 1, 2021 | bi.team

Monzo launched BNPL service on Sep 1st 21'.

The BNPL sector has so far been dominated by specialist companies like Klarna and Clearpay, while in September digital bank Monzo launched its own BNPL service.

Jan 1, 2021 | marketingweek.com

AltFi Ltd partners with Monzo

“AltFi Ltd has grown rapidly since its app launched in 2018 and as a business that is on a mission to get everyone investing, its partnership with Monzo is another step in that direction.”

Jan 1, 2021 | altfi.com

Octahedron Capital invested into Monzo in $68.5M on Feb 3rd 21'.

Monzo is raising a further £50 million in equity funding from existing shareholders and one new investor, Silicon Valley firm Octahedron Capital.

Jan 1, 2021 | finextra.com

TrueLayer partnered with Monzo on Jan 1st 16'.

Since its launch in 2016 TrueLayer has expanded into European countries such as Germany and Italy and partnered with digital banking brands such as Monzo.

Jan 1, 2021 | theage.com.au

Wise group identified as competitor of Monzo

TransferWise has gained approval from the City watchdog to start offering investments to its customers, clearing the way for the money transfer start-up to compete more closely with challenger banks such as Revolut and Monzo.

Jan 1, 2020 | telegraph.co.uk

Monzo partners with TransferWise

This makes its international money transfer service cheaper, UK’s Monzo bank partnered with TransferWise to integrate the service into its banking app.

Jan 1, 2019 | indusnet.co.in

Monzo partners with TransferWise

This makes its international money transfer service cheaper, UK’s Monzo bank partnered with TransferWise to integrate the service into its banking app.

Jan 1, 2019 | indusnet.co.in

Wise group partnered with Monzo on Jun 1st 18'.

Back in June, TransferWise struck a deal with France’s Groupe BCPE in a bid to offer cheap money transfers to its customer and has also partnered with Monzo and N26, both supposed rivals, who now have TransferWise’s platform incorporated with their own services.

Jan 1, 2018 | coinspeaker.com

Wise group partnered with Monzo on Jun 1st 18'.

Back in June, TransferWise struck a deal with France’s Groupe BCPE in a bid to offer cheap money transfers to its customer and has also partnered with Monzo and N26, both supposed rivals, who now have TransferWise’s platform incorporated with their own services.

Jan 1, 2018 | coinspeaker.com
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