Monzo

Filing: Monzo reports its “refer a friend” payouts grew 40% YoY to £29.5M for the 12 months ending March 2026, as part of a broader £143M marketing spend

Filing: Monzo reports its “refer a friend” payouts grew 40% YoY to £29.5M for the 12 months ending March 2026, as part of a broader £143M marketing spend

Monzo reports FY 2026 revenue up 39% YoY to £1.7B, pretax profit up 44% YoY to £87.3M, users up 3M to 15M+, and deposits up 55% to £25.7B, as it expands lending

Monzo Bank Ltd. reported a 44% jump in profit in the year through March, as growth in lending lifted interest income.

London-based money transfer company Wise plans to launch UK bank accounts, joining an increasingly crowded market; Monzo reports 15M personal and business users

Wise Plc is rolling out everyday bank accounts in the UK as it seeks to take up more market share from longtime banks and other fintechs.

Monzo receives an Irish banking license, letting the London-based digital lender offer its personal, business, children's, and savings accounts across the EU

Aisha S Gani / Bloomberg :

Digital bank Monzo, which has 13M UK customers, plans to launch a mobile phone service; Revolut and Klarna, each with ~11M UK customers, announced similar plans

Digital bank is exploring launching its own digital sim and offering monthly contracts  —  Monzo is planning to launch …

UK neobank Monzo reports FY 2025 revenue up 48% YoY to £1.2B, pretax profit up 335% YoY to £60.5M, deposits up 48% YoY to £16.6B, and users up 25% YoY to 12.2M

Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time and a sharp rise in annual profit …

UK neobank Monzo raised $190M at a $5.2B post-money valuation, after raising $430M at a $5B valuation in March 2024, and plans to expand internationally

Ryan Browne / CNBC :

UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US

London-based digital bank raised $430mn from investors including CapitalG and HongShan  —  Monzo has secured a fresh round …

Monzo reports £356M in FY2023 revenue, up from £154M in FY2022, and a £116M net loss, down from £119M YoY; CEO TS Anil says an IPO is “some ways down the road”

Iain Withers / Reuters :