About
Monzo (previously Mondo) is a bank for people who live their lives on their smartphones and is targeted at people who want to get things done with a click and who don’t see the need for branches and checkbooks. One of the key features that distinguishes Monzo from traditional banks is its app-based approach which provides users with real-time updates on their spending, categorized transactions, budgeting tools, and instant notifications for transactions. Monzo also offers features like "Pots," which are sub-accounts that allow users to set money aside for specific purposes, and "Monzo Plus," a premium subscription service that offers additional features like custom card designs and travel insurance.
Position in the VCSift Database
- • 33,888 investors in VCSift focus on the fintech sector.
- • 8,972 investors are based in London, England, United Kingdom.
Data sourced from 410,343 investor profiles. Updated July 2026.
Investment Focus
- Sectors
- fintech
- Location
- London, UK
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