Awesome Monzo Bank Financial Statements

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Monzo bank financial statements. Read about all this and more in our annual report for investors our community and customers with our financial statements for. View our Annual Report 201718. 66 Statement of comprehensive income 67 Statement of financial position 69 Statement of changes in equity 71 Statement of cash flows 72 Notes to the financial statements.

Part of the banks mental health drive the move follows the departure of its founder and former chief executive Tom Blomfield who stepped down in January in the wake of his own struggles with anxiety and stress. Earlier this week Monzo announced a 113m investment that valued it at just over 2bn and Mr Blomfield said were pretty comfortable were well capitalised for the next few years. Starling and Monzos lending race is heating up.

In the 2020 financial year we rocketed from 16 million to 39 million customers. Those customers spent 11 billion with Monzo in that 12 months which helped quadruple our operating income from 9 million to 36 million. To put it another way for every 1 spent in 2019 Monzo generated 37p.

Tide is not a bank the Tide current account is an e-money account provided by Prepay Solutions PPS a trading name of Prepay Technologies Ltd which is an electronic money institution authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 FRN 900010 for the issuing of electronic money. 106 Glossary 107 Key information. Especially if you get mailed the statements with proper stamping and everything.

Just a different process of requesting stamped statements. Kiradotee Jul 31 20 at 142. Monzo Bank valuation is 12 b.

When its figures were compiled for the report in February 2020 Monzo reported 1495 employees up from 713 the previous year with a staffing cost of 775m up from 257m in FY2019. View our Annual Report 201819. Theyre as much bank as any other bank.