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Monzo Bank's Overview

Total employees3657
HeadquartersLondon
Founded2015

Monzo Bank is a leading UK-based digital, mobile-only bank founded in 2015. It offers current accounts, savings, loans, and budgeting tools primarily through its intuitive mobile app. Known for its distinctive hot coral cards and user-friendly interface, Monzo aims to 'make money work for everyone' by providing transparent, simple, and accessible financial services. Initially popular among millennials and tech-savvy users, it has grown rapidly, challenging traditional banking models with features like instant spending notifications, fee-free foreign spending, and easy peer-to-peer payments.

Where is Monzo Bank's Headquarters?

HQ Function

Serves as the central hub for leadership, core product development, engineering, marketing, operations management, and strategic decision-making.

Notable Features:

Modern office space designed to foster collaboration, often featuring open-plan layouts, breakout areas, and amenities typical of contemporary tech companies. Located in a prominent business district.

Work Culture:

Characterized by a fast-paced, innovative, and collaborative environment typical of fintech scale-ups. Emphasis on transparency, customer focus, and challenging traditional banking norms.

HQ Significance:

The London HQ is the nerve center of Monzo's operations, reflecting its origins in the UK's vibrant fintech scene and its primary market focus.

Values Reflected in HQ: The office design and location likely reflect Monzo's values of modernity, transparency, collaboration, and technological innovation.

Location:

While primarily focused on the UK market, Monzo has established a presence in the United States as part of its international expansion strategy. Its global functions mainly support its core UK banking operations and its growing US customer base, including distributed engineering teams, customer operations in multiple locations (UK & US), and remote workers contributing to various business functions.

Street Address:

Broadwalk House, 5 Appold St

City:

London

State/Province:

England

Country:

United Kingdom

Monzo Bank's Global Presence

Cardiff, Wales, UK

Address: One Central Square, Cardiff

Provides a significant base for customer support and operational resilience outside of London, supporting Monzo's large UK customer base.

Las Vegas, Nevada, USA

Address: Not publicly specified, likely a smaller operational or support office.

Establishes an operational foothold in the US timezone to support American users and regulatory requirements as Monzo expands internationally.

Remote

Address: N/A

Facilitates talent acquisition beyond physical office locations and supports flexible working practices.

Buying Intent Signals for Monzo Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Monzo Bank

As of April 2025, Monzo Bank' leadership includes:

TS Anil - Chief Executive Officer (CEO)
Gary Hoffman - Chair
Iain MacKinnon - Chief Financial Officer (CFO)
Mike Hudack - Chief Product Officer (CPO)
Vinay Ramani - Chief Operating Officer (COO)
Stephanie Pagni - Chief Legal Officer
Conrad Kos - Chief Risk Officer

Investors of Monzo Bank

Monzo Bank has been backed by several prominent investors over the years, including:

Passion Capital
Thrive Capital
Goodwater Capital
Stripes
General Catalyst
Accel
Orange Digital Ventures
Tencent Holdings
Coatue Management
Abu Dhabi Growth Fund
CapitalG (Alphabet)
Google Ventures (GV)

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Over the past 12 months, Monzo has seen some key executive transitions, including the departure of its Chief Operating Officer and the appointment of a new CFO. These changes often align with funding rounds and strategic shifts as the company scales and targets profitability.

Departures

Sujata Bhatia, Sujata Bhatia departed from her role as Chief Operating Officer after joining in mid-2020.

New Appointments:

Iain MacKinnon, Iain MacKinnon appointed as new CFO, bringing extensive experience from traditional banking.

Technology (Tech Stack) used by Monzo Bank

Discover the tools Monzo Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Monzo Bank Email Formats and Examples

Monzo commonly uses the firstname.lastname email format. While other formats might exist, this is the most frequently observed pattern for professional communication.

[first].[last]@monzo.com

Format

jane.doe@monzo.com

Example

85%

Success rate

News and media

Monzo Blog / Financial Times2024-06-03

Monzo posts first full year profit as revenue doubles

Monzo reported its first full-year pre-tax profit of £15.4m for the year ending March 2024, a significant turnaround from the previous year's loss. Revenue more than doubled, driven by increased lending and customer growth to 9.7 million users....more

TechCrunch / Reuters2024-03-05

Monzo confirms $430M raise at a $5B valuation led by CapitalG

Monzo secured $430 million (£340 million) in a funding round led by CapitalG (Alphabet's independent growth fund), valuing the digital bank at $5 billion. The funding is intended to fuel product development and international expansion efforts....more

Reuters2024-02-21

Google investor CapitalG leads funding round in UK's Monzo

Initial reports surfaced that CapitalG, Alphabet's independent growth fund, was leading a significant funding round (around £350 million) into Monzo, valuing the company near £4 billion ($5 billion). This news preceded the official confirmation in March....more

Finextra2023-10-18

Monzo rolls out 'Call Status' feature to combat impersonation scams

Monzo introduced a new security feature within its app called 'Call Status,' allowing customers to verify if they are genuinely speaking with a Monzo support agent, aimed at tackling the rise of impersonation scams....more

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