Founded in 2015, Monzo Bank is a new innovative bank focused on providing retail banking products via its smartphone application. Monzo offers current accounts, business current accounts, joint accounts, payment cards, savings accounts, overdrafts, consumer loans.
Becoming a client of Monzo Bank Ltd can be done in a few steps:
Account opening procedure is usually completed within a few minutes.
Monzo Bank Ltd is the 177th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 139,82 mln GBP, providing the bank with the market share of 0.00%. In 2018 the bank's annual profit was -30,55 mln GBP.
Monzo Bank Ltd participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Monzo Bank Ltd is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Monzo Bank Ltd is headquartered in London.
Monzo Bank Ltd has profiles at the following social networks:
Monzo Bank Ltd is authorized and supervised by the Financial Conduct Authority (reference number 730427).