Total equity of Monzo Bank 2016-2024
Established in 2015, Monzo is a United Kingdom (UK) based retail bank that provides current accounts to individuals, limited companies, and sole traders. With no physical branches, Monzo Bank is one of a growing number of disruptor or challenger banks that run accounts online through mobile apps. Starting at less than a million British pounds in 2016, the bank's total equity experienced a significant growth despite some fluctuations, reaching 862 million British pounds in 2024.