Monzo
A UK digital bank offering personal and business current accounts, savings, lending and related financial products through a mobile app.
FintechDigital bankingLondon, United Kingdom
FoundersSince 2015
- Valuation
- $5.9B
- Total raised
- $1.5B
- Last round · May 2024
- Series I extension
- Founded
- 2015
- Employees
- 5,275
- Quarters in VP50
- 7
Valuation
| Round | Date | Post-money valuation | Raised | Led by |
|---|---|---|---|---|
| Funding round | Feb 22, 2017 | $81M | $24M | Thrive Capital |
| Funding round | Nov 6, 2017 | $368M | $93M | Goodwater Capital |
| Series E | Oct 30, 2018 | $1.3B | $108M | Accel and General Catalyst |
| Series F | Jun 24, 2019 | $2.5B | $144M | Y Combinator Continuity |
| Down round | Jun 16, 2020 | $1.6B | $76M | Unknown |
| Top-up round extension | Dec 2, 2020 | $1.6B | $80M | Unknown |
| Funding round | Dec 8, 2021 | $4.5B | $500M | Abu Dhabi Growth Fund |
| Series I | Mar 5, 2024 | $5.0B | $430M | CapitalG |
| Series I extension | May 8, 2024 | $5.2B | $190M | Unknown |
Post-money valuation at each priced round. Log scale.Hover a point for the round
Updated
In VP50
- Q4 2023: no place
- Q1 2024: #40
- Q2 2024: #25
- Q3 2024: #30
- Q4 2024: #30
- Q1 2025: #31
- Q2 2025: #34
- Q3 2025: #36
- Q4 2025: no place
- Q1 2026: no place
- Q2 2026: no place
- Q3 2026: no place
- Q4 2026: no place
Place by quarter since Q4 2023. Best place #25.
Funding rounds
DateRound · leadRaisedValuation
May 8, 2024Series I extension$190M$5.2B
Dec 8, 2021Funding round · Abu Dhabi Growth Fund$500M$4.5B
Dec 2, 2020Top-up round extension$80M$1.6B
Jun 16, 2020Down round$76M$1.6B
Nov 26, 2018Series E crowdfunding$26M—
Feb 22, 2017Crowdfunding$3M—
Feb 15, 2016Crowdfunding$1M—
