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Monzo Bank Limited is a British digital bank offering current accounts and prepaid debit cards through a mobile app.
Established in 2015 and based in London, UK, Monzo Bank Limited is a digital bank. In May 2024 it raised GBP 150 million in Series I funding from Hedosophia, GIC and CapitalG, part of a GBP 490 million round, at a valuation of 4.1 billion post-money. The company is led by CEO TS Anil, plans to use the funds to expand in the US, and is at Late stage.
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