Monzo more than doubled its revenue in FY2023
IN BRIEF:
- Monzo has hit profitability for the first time
- Monzo saw revenue more than double to £355.6m
- Monzo’s customers have also increased by 1.6m this year up to 7.4m
What does this mean?
“It's been a year of phenomenal achievements. Our customers sit at the heart of everything we do, and we've seen growth across all areas of the business as they turn to us to improve their financial wellbeing and transform their relationship with money,” Monzo CEO TS Anil said.
