Monzo Revenues Hit £1bn for First Time

Monzo revenues hit £1bn for first time

London-based fintech reports rise in profits but plays down speculation of imminent IPO

Monzo’s profit quadruples as it prepares for public listing

British online bank Monzo has announced that its profit quadrupled last year, with a growing loan book boosting revenue, as the company moves closer to a potential stock market debut.The bank reported a pre-tax profit of £60.4 million for the year ending in March, up from £15.4 million recorded 13 months earlier. Revenue jumped from £880 million to £1.2 billion.The decade-old firm lent £1.9 billion to customers—36% more than the previous year.“W…

Monzo revenue tops £1bn as CEO addresses IPO

Revenue has topped £1bn at digital bank Monzo for the first time. The FinTech reported a 48% rise in turnover to £1.2bn for the year ended 31st March 2025, with profits climbing from £13.9m in 2024 – its first full year of profitability – to £60.5m. It had posted a £116.3m loss in 2023. The London firm grew its customer base by 25% to 12.2m in 2025, with customer deposits rising 48% to £16.6bn and loans and advances increasing 35% to £1.6bn. Sky…

Monzo profit grows 300% as City awaits news on IPO

Unlocking revenue growth: how fintechs can avoid common traps

Fintech startups often underestimate the complexity of scaling revenue, sometimes fatally. Mistakes made during this critical stage frequently drain resources, halt momentum, and can even lead promising companies to fail entirely.

Monzo Revenue Leaps 48% as Customers Adopt New Financial Services

British digital bank Monzo grew during its fiscal year 2025 as customers adopted more of the growing number of financial services it offers.