Monzo

The AI engine Fit Assessment

Beta

Monzo is a digital bank with a mobile app that helps users manage their finances easily, offering real-time updates, smart notifications, and no-fee transactions.

Blurb

Monzo is a digital bank that provides a user-friendly mobile app, innovative features, and a transparent approach to banking.

HQ Location

London (United Kingdom)

Founded

2015

Employees

1001 - 5000

Total funding raised

$1.74B

Last Funding Event

Series I, $187.40M, May 8, 2024

Smart insights

  • Richard Bromley (Director, Head of Fraud & Disputes Risk) worked at Revolut in various roles, including Global Head of Fraud Risk & Compliance, for a total of 1.5 years (2021 - 2022)
  • Matej Pfajfar (Chief Technology Officer (CTO)) worked at Google in various roles, including Senior Engineering Director, for a total of 5 years (2018 - 2023)
  • Erin Harrington (Chief of Staff to the COO) worked at Mollie as Chief of Staff to the Chief Commercial Officer for 2 years (2021 - 2023); at Airbnb in various roles, including Strategy & Operations - Global Regulatory Products, for a total of 4 years (2017 - 2021)
  • Vinayak Banerjee (Product Owner) worked at Amazon as Senior Product Manager for 6 years (2017 - 2023)
  • Fernando Fanton (Chief Product Officer) worked at Rappi as Chief Product and Technology Officer for 2 years (2020 - 2022); at Microsoft as Lead Software Engineer / Sr. Program Manager for 6 years (2001 - 2007)
  • Steven Denison (VP, Head of Customer Operations) worked at Capital One in various roles, including Director, Head of UK Operations, for a total of 7 years (2013 - 2020)
  • Michelle Demateo (Executive Operations & Chief of Staff | Office of the CEO (US)) worked at Credit Karma as Executive Assistant to Co-Founder & Chief Revenue Officer for 3 years (2014 - 2016)
  • Vaibhav Bhatla (Chief of Staff to the CEO) worked at Uber as Product Manager, Sustainability & New Mobility for 2 years (2019 - 2021)
  • Audrey Ren (Sr. Director, Head of Operations, US) worked at Lyft in various roles, including Director, Driver Experience Operations, for a total of 4 years (2020 - 2024)
  • TS Anil (Group CEO) worked at Capital One in various roles, including Director - US Cards, for a total of 5.5 years (1999 - 2005)
  • 6m headcount growth: 6%
  • 1Y headcount growth: 24%
  • Headcount-to-last-round ratio: 1019.3 employees/$M

Developer of a financial platform designed to help spend, save, and manage money in one place. The company's platform updates balances without delay gives intelligent notifications, and tracks day-to-day financial transactions without any usage fees, enabling individuals and businesses to manage and take control of their finances with ease.