Monzo Bank, a prominent UK-based digital bank, achieved a significant milestone in 2024 with its first-ever net profit of million British pounds. This marks a remarkable turnaround from years of consecutive losses, including a * million pound deficit in 2023. In 2025, the bank's gross profit increased even further, reaching over ** million British pounds. The bank's journey to profitability reflects the broader growth and maturation of the UK's fintech sector, which has become a global leader in financial innovation.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
Monzo. (May 28, 2025). Profit before taxation of Monzo Bank Group from 2016 to 2025 (in million GBP) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 01, 2026, from /statistics/1463977/monzo-bank-profit-before-taxation/
Monzo. "Profit before taxation of Monzo Bank Group from 2016 to 2025 (in million GBP)." Chart. May 28, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 01, 2026. /statistics/1463977/monzo-bank-profit-before-taxation/
Monzo. (2025). Profit before taxation of Monzo Bank Group from 2016 to 2025 (in million GBP). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 01, 2026. /statistics/1463977/monzo-bank-profit-before-taxation/
Monzo. "Profit before Taxation of Monzo Bank Group from 2016 to 2025 (in Million Gbp)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 28 May 2025, /statistics/1463977/monzo-bank-profit-before-taxation/
Monzo, Profit before taxation of Monzo Bank Group from 2016 to 2025 (in million GBP) ÌÇÐÄÆÆ½â°æ, /statistics/1463977/monzo-bank-profit-before-taxation/ (last visited August 01, 2026)
Profit before taxation of Monzo Bank Group from 2016 to 2025 (in million GBP) [Graph], Monzo, May 28, 2025. [Online]. Available: /statistics/1463977/monzo-bank-profit-before-taxation/