Directory profile

Monzo

British digital-only challenger bank with a coral-pink card, deep mobile app and over 10 million UK personal-account customers.

Updated 29 April 2026 ยท British Startup index

Profile

Monzo pioneered the UK challenger-bank movement with instant spending notifications, fee-free travel and shared "Pots". It now offers lending, business accounts and investments and reached profitability in 2024.

British link

Headquartered in London with engineering hubs in Cardiff; UK banking licence since 2017.

Sectorfintech
Stagegrowth
Funding$1.5B+ (last valued $5.9B)
Employees4,000+
Founded2015