Digital banking giant Monzo has reached £1bn in gross profit for the first time, according to annual results published on Tuesday.
News
May 19, 2026
Monzo profits soar amid European expansion
The fintech giant has been expanding across the region
2 min read
Damisola Sulaiman is Sifted's fintech reporter, based in London. She writes Sifted's weekly Fintech newsletter . You can find her on LinkedIn

Fintech newsletter
Your weekly update on the latest trends across (neo)banking, buy now pay later, payments and the fintech startup scene.
Recommended
Leatherback is now Foren. The name was the last thing to change
Leatherback has announced its rebrand to Foren, marking the overhaul of its technology and compliance infrastructure to provide businesses with a unified global banking platform
Spiko raises $90m in Series B backed by Index Ventures and Speedinvest
Revolut cofounder Nik Storonsky previously backed the company’s Series A
12 Nordic fintech startups to watch, according to VCs
The region has been behind some of European fintech’s most successful exits


