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

Monzo Funding — Last Valued at $5.9B

Private

Monzo has raised $600M across 3 funding rounds. The latest round valued Monzo at $5.9B tender, with GIC, StepStone Group on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Monzo funding · at a glance
Total raised, all rounds
$600M
some round sizes not disclosed
Funding rounds
3
priced rounds
Latest round
$5.9B
tender · Oct 2024
Lead on that event
GIC
employees
2024
About Monzo

Monzo is backed by investors including GIC and StepStone Group. The bank gained early notoriety by setting the record for the quickest crowdfunding campaign in history, raising one million pounds in just 96 seconds.

Funding timeline

The Monzo funding timeline

3 funding rounds, the latest highlighted.

2015
Monzo founded

Monzo was founded in 2015, United Kingdom.

DEC 2021
Series H at $4.5B post-money

A primary round — the company sells new shares to investors it selects. $600M raised, led by Abu Dhabi Growth Fund.

Valuation basispost-moneyAmount$600MPrice / shareLeadAbu Dhabi Growth Fund
APR 2024
Growth round

A primary round — the company sells new shares to investors it selects. Led by Hedosophia, GIC.

Valuation basispost-moneyAmountPrice / shareLeadHedosophia, GIC
OCT 2024LATEST
Secondary share sale at $5.9B tender

Employees. Led by GIC, StepStone Group.

Valuation basistenderAmountPrice / shareLeadGIC, StepStone Group
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Monzo funding rounds in full

3 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Secondary share sale LATEST
Oct 2024
—
$5.9Btender
—
GIC, StepStone Group
employees
Growth round
Apr 2024
—
—
—
Hedosophia, GIC
—
Series H
Dec 2021
$600M
$4.5Bpost-money
—
Abu Dhabi Growth Fund
—
Monzo · investors

Investors

GGICLEADStepStone GroupLEADHedosophiaLEADAAbu Dhabi Growth FundLEADPassion CapitalThrive CapitalY Combinator ContinuityNovatorGoodwater Capital

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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