BEAMSTART Logo

HomeCompaniesProfile

Monzo Bank

A bank as smart as your phone. 


Company Size

1001 - 5000 employees

Year Founded

2015


About Monzo Bank

YC has written a good overview of our business on their blog: https://blog.ycombinator.com/monzo-makes-money-work-for-everyone/

Our mission is to make money work for everyone. We are the UK's leading digital bank for individuals and businesses, reinventing the traditional banking industry one customer at a time. We're relentlessly mission driven and always put our customers first - from what products we chose to launch next to our transparency and use of simple language. With a Net Promoter Score of 70+, it shows.

From our founding in 2015, we now have over 7 million customers in the UK (13% of UK adults) and are building out our team in the US. We've seen incredible organic growth, acquiring 150,000 customers / month in 2022, with 80% of this coming from word of mouth. Our weekly active user rate is ~60% and ~40% of our active users use us as their Main Bank account, showing that we are a product that is embedded in our users' daily lives. We've grown to ~2,450 staff (~400 of which make up the product/tech team), and are backed by YC, Stripe, Tencent, Mike Moritz, and others.

Internally, we encourage an open, collaborative, and inclusive working environment - we were voted the #1 startup where people in the UK want to work for the second year running in 2022. We contribute to open source software, and we continually engage with our wonderful community. We're hiring talented, creative problem-solvers to help us build the bank of the future. Join us!

Founders & Key People

Tom Blomfield

Tom Blomfield

Founder/CEO, Monzo Bank

Jonas Templestein

Jonas Templestein

Founder/CTO, Monzo Bank


Financials Beta

Business Model: Not Specified

Revenues: Not Specified

Expenses: Not Specified

Debt: Request

Operating Status: Active

Funding Raised: $0

Investment Rounds: 0 Rounds

Funding Stage: Not Specified

Last Funding Date: Not Specified


Frequently Asked Questions

What industry is Monzo Bank in?

Monzo Bank is in the Finance & Financial Services, Fintech, and Software/Internet industry.

Who are Monzo Bank's founders and individuals in key leadership positions?

Monzo Bank has 2 founders and people in key management positions. They are:
  • Tom Blomfield
  • Jonas Templestein
  • How long has Monzo Bank been in business?

    Monzo Bank was established in 2015 (9 years in business).

    Is Monzo Bank currently hiring?

    No, Monzo Bank is currently not hiring.

    Visit Monzo Bank's Jobs Page to stay updated with any upcoming open positions.

    Which country is Monzo Bank headquartered in?

    Monzo Bank is based in United Kingdom.

    Share This Profile

    More Companies

    OpenPhone

    The all-in-one business phone for teams.

    Slapdash

    Work at the speed of thought

    Newfront

    Modern insurance brokerage.

    Portal

    Shopify for Professional Services Businesses

    AssemblyAI

    APIs for AI models

    Willing

    The best way to make your legal will.

    BEAMSTART

    BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

    © Copyright 2024 BEAMSTART. All Rights Reserved.