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MONZO
Monzo
Fintech / digital banking · United Kingdom · Founded · 2015 · ≈ · 5,275 · employees

Monzo: Company Profile & Valuation

Private

Monzo, headquartered in GB, remains privately held in the fintech / digital banking space. Its most recent disclosed valuation is $5.9B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Monzo at a glance
Last valuation
$5.9B
TENDER · OCT 2024
Raised across rounds
$600M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Monzo valuation history

2 valuations. The latest, $5.9B tender, was set by the Secondary share sale in Oct 2024.

$5.9B
Dec 2021
$4.5B
Series H · post-money
Oct 2024
$5.9BLATEST
Secondary share sale · tender
+31% vs prior valuation
Latest valuation
$5.9Btender
Set by the Secondary share sale · 1 Oct 2024
×1.3since the $4.5B Series H in Dec 2021
Valuations
2
Priced rounds with a valuation
Event type
Secondary sale
The Secondary share sale
Funding history

Monzo funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series H
Dec 2021
$600M
$4.5B
Abu Dhabi Growth Fund
—
Growth round
Apr 2024
—
—
Hedosophia, GIC
—
Secondary share sale
Oct 2024
—
$5.9B
GIC, StepStone Group
+31.1%
Monzo · investors

Investors

GGICLEADStepStone GroupLEADHedosophiaLEADAAbu Dhabi Growth FundLEADPassion CapitalThrive CapitalY Combinator ContinuityNovatorGoodwater Capital
Will Monzo IPO?
Founded
2015
Dec 2021
Series H · $4.5B
Oct 2024
Secondary share sale · $5.9B
IPO
Not announced
No filing has been made.
Monzo — the private market
Last valuation$5.9B · tender · Oct 2024
Total raised$600M
Lead investors
GICStepStone GroupHedosophiaAbu Dhabi Growth Fund
IPO statusNot announced
Founded · HQ2015 · United Kingdom
Employees≈ 5,275
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Monzo

Monzo is a British online bank based in London that lets customers manage current accounts and cards through a mobile app. It offers personal and business banking, savings pots, budgeting tools, investing, pensions and insurance, and features such as instant notifications and a Call Status tool that helps flag scam calls.

Founded in 2015, Monzo now serves more than 16 million personal and business customers, who together hold over £8.5 billion in Instant Access Savings Pots. The bank has been recommended by Which? for two years running and was named Best Business Banking Provider at the 2024 British Bank Awards.

The money screen · ranked by accessibility

How to get Monzo exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Monzo.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Monzo availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Monzo included.

No account needed

Monzo stock — frequently asked questions

How can I get exposure to Monzo?›

The routes section explains what is realistically available for a company at this stage.

Is Monzo publicly traded?›

No. Monzo is a private company; its shares do not trade on a public exchange.

What is Monzo's valuation?›

The last valuation is $5.9B.

Who has invested in Monzo?›

Lead investors for each round are in the funding timeline.

Who are Monzo's competitors?›

The closest fintech / digital banking peers are on the competitors page.

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