News

July 30, 2020

Monzo sees losses double despite revenue bump

The results, announced today, follow a turbulent few months for London's fintech darling


Isabel Woodford

3 min read

Burbidge helped keep Monzo going when founding CEO Tom Blomfield stepped down.

Digital bank Monzo has more than doubled its pre-tax losses in the last year, according to the company’s annual report for 2019–2020, which was published on Thursday.

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