Total Funding
75
89
Total FundingSecondary Market raised
Growth Score
-4 pts
Heat Score
6 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Monzo is a digital bank that provides a user-friendly mobile app, innovative features, and a transparent approach to banking.
- Jonas Huckestein: Co-Founder
- Tom Oldham: Group CFO
About the Company
Monzo (previously Mondo) is a bank for people who live their lives on their smartphones and is targeted at people who want to get things done with a click and who don’t see the need for branches and checkbooks. One of the key features that distinguishes Monzo from traditional banks is its app-based approach which provides users with real-time
updates on their spending, categorized transactions, budgeting tools, and instant notifications for transactions. Monzo also offers features like "Pots," which are sub-accounts that allow users to set money aside for specific purposes, and "Monzo Plus," a premium subscription service that offers additional features like custom card designs and travel insurance.
