Home/Companies/Monzo vs Viva Republica

Company pair · Fintech

Monzo vs Viva Republica

Fintech Both private GB · South Korea No Canborsa market

Monzo vs Viva Republica: two of the better-known names in fintech, compared side by side.

On this pageSide by side Valuation marks What each discloses Verdict FAQ

MonzoPRIVATE · GB

Viva RepublicaPRIVATE · South Korea

Last valuation$5.9B$7B

Basis Tender Post-money

As ofOct 2024Dec 2022

Founded20152014

Employees≈5,275≈1,900

On CanborsaNo marketNo market

At a glance

$5.9B

MonzoTender, Secondary share sale · Oct 2024

$7B

Viva RepublicaPost-money, Series G · Dec 2022

Different bases — the numbers stay side by side

Gap

0 of 2

On CanborsaNeither company has a market

Head-to-head · field by field

Monzo vs Viva Republica — side by side

Field

MonzoPRIVATE · FOUNDED 2015

Viva RepublicaPRIVATE · FOUNDED 2014

Last valuation

$5.9B Tender

$7B Post-money

Valuation date

1 Oct 2024

19 Dec 2022

Valuation basis

Tender

Post-money

Latest round

Secondary share sale

Series G

Round lead

GIC, StepStone Group

Tonic Private Equity

Named investors

Abu Dhabi Growth Fund Hedosophia GIC StepStone Group

Tonic Private Equity Korea Development Bank Altos Ventures Goodwater Capital

Founded

2015

2014

Employees (est.)

≈5,275

≈1,900

Sector & HQ

Fintech / digital banking · GB

Fintech · South Korea

Status & market

Private — no Canborsa market

Valuation · both companies on one scale

Valuation marks

Each bar is the last disclosed mark — $5.9B for Monzo (tender, Oct 2024) and $7B for Viva Republica (post-money, Dec 2022).

Monzo

$5.9BTender · Oct 2024

Viva Republica

$7BPost-money · Dec 2022

MONZO · $5.9B · OCT 2024VIVA REPUBLICA · $7B · DEC 2022

Monzo vs Viva Republica · what each company discloses

What each company discloses, and what it leaves out

MonzoPRIVATEFintech · GB · 2015

+Last disclosed mark $5.9B — tender, Oct 2024.

+Founded 2015 .

+≈5,275 employees.

Viva RepublicaPRIVATEFintech · South Korea · 2014

+Last disclosed mark $7B — post-money, Dec 2022.

+Founded 2014 .

+≈1,900 employees.

+Latest round: Series G, $405M raised, led by Tonic Private Equity.

Verdict

Verdict

The $5.9B tells you…

What buyers paid for shares that already existed — existing shares changed hands in a tender.

The size of that transaction is undisclosed.

Existing shares moved between holders; the company's balance sheet stayed unchanged.

The $7B tells you…

What an investor paid for newly issued shares — a primary round, priced post-money.

How much capital arrived with it:$405M, led by Tonic Private Equity in Dec 2022.

A dated print: it moves only when a newer round is announced.

A tender print and a post-money print are priced by different buyers under different terms, so the two numbers stay side by side, each with its own chip, and no ratio is scored. Both are private: there is no public quote and no Canborsa market on either name.