Overview

• Monzo posted £1.2bn in revenue for the year to March 31, 2025, marking a 48% rise year-over-year.
• Pretax profit climbed to £60.5m from £13.9m a year earlier and to £113.9m on an adjusted basis excluding share sale costs.
• The bank’s customer base grew by 2.4m to 12.2m users, with one in three now treating Monzo as their primary account.
• New products, including under-16 accounts, pensions and subscription tiers, helped boost fee and commission income by 38% to £329m.
• CEO TS Anil said IPO discussions are premature as Monzo focuses on scaling while navigating an advanced FCA probe of its anti-money laundering controls.