Research: Monzo is ramping most metrics, including losses
- Monzo is showing growth across the board.
- The UK challenger bank published its annual report, giving insight into its performance.
It’s a challenge to grow a challenger bank. It’s actually a real test to see if these new standalone digital bank models are scalable. Monzo’s recently published yearly report gives some food for thought as both customers and revenues grew alongside increasing losses.
This content is available exclusively to Tearsheet Outlier members.
Missing out? Subscribe today and you’ll receive unlimited access to all Tearsheet content, original research, exclusive webinars and events, member-only newsletters from Tearsheet editors and reporters and much more. Join Outlier now — $59/mo
Sign in to your account.