Monzo Bank Ltd

 (4.0 from 237 ratings)
4.0 237

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.

Services

retail banking

Clients

natural persons
business entities

Area Served

United Kingdom

Products

current accounts
business current accounts
joint accounts
payment cards
savings accounts
overdrafts
consumer loans

Account Opening

completely online
within a few minutes

Ways to Bank

online banking

Financials

Total Assets (2018)
139.82 mln GBP  (+617.84%)
Annual Profit (2018)
-30,546,000.00 GBP  (+356.66%)

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 deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85,000 GBP per bank per depositor.

Contacts

12 Epworth Street, London, United Kingdom
+44 08008021456

Monzo Bank Ltd is headquartered in London.

Bank Identifiers

Company Number
09446231
MFI ID
GB3111

Bank History

Start Date
February 2015