Monzo Bank

monzo.com · Londonderry County Borough, United Kingdom

Monzo Bank is a UK-based digital bank that provides current accounts, savings, lending, and business banking services through a mobile-first platform. It serves retail consumers and small businesses, generating revenue from interchange fees, overdrafts, loans, subscriptions, and other banking services. The company operates entirely online without a traditional branch network, using technology to deliver low-cost, app-centric financial services.

  • Payment Processing
  • Embedded Finance & Banking-as-a-Service
Revenue
$390.0M
Employees
3,800
Founded
2015
Headquarters
Londonderry County Borough, United Kingdom

What 19 Arbolus experts think of Monzo Bank

NPS scores are generally high: 37% of users are in the Promoter category (NPS 9–10), with another 31% rating 8 and 25% rating 6–7. Only 6% are below this range. Most users (>70%) have implemented Monzo for over a year, indicating strong stickiness. Contributors with more than 12 months' experience consistently provide high NPS, reinforcing renewal confidence and satisfaction.Overall Customer Sentiment: Positive

Who reviewed Monzo Bank

Total customers 19 18 current · 1 former
Reviews growth +14 in six months
Seniority of respondents
  • C-Suite 78% (15)
  • Director 11% (2)
  • Manager 11% (2)
Product Leader C-Suite NPS 10
Revenue Leader C-Suite NPS 9
Legal Generalist C-Suite NPS 6

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Sentiment

42 Net Promoter Score, from 19 scored reviews
  • Promoters 11
  • Passives 5
  • Detractors 3

Cumulative NPS by month

-1 over 6 months
  • Apr 9
  • May 8
  • Jun 9
  • Jul 8
  • Sep 8
  • Oct 8

Net Promoter Score across 2 reviews, accumulated up to each month. Category median 44 across 2 companies.

Written answers and themes publish with the full report.

Renewal intent

Plan to renew 0%
  • Will renew 0
  • Undecided 1
  • Not renewing 0

Plan to renew, by seniority

  • Manager 0% 1 answer
  • 7/10 Average score from undecided customers

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