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# Monzo Crosses £1 Billion Revenue in FY2025 as Profit Jumps Eightfold
- URL: https://www.theglobalbanker.com/monzo-crosses-1-billion-revenue-fy2025-profit-jumps-eightfold/
- Published: 2025-06-02T13:20:00.000Z
- Updated: 2026-10-02T14:00:26.000Z
- Description: Monzo reported FY2025 revenue of £1.2 billion, up 48%, as adjusted profit before tax grew eightfold to £113.9 million and customer numbers reached 12 million.
- Author: TGB Editorial Team
- Tags: Fintech, Europe, #archive

Monzo crossed the £1 billion annual revenue threshold for the first time in its financial year to 31 March 2025, reporting total revenues of £1.2 billion — a 48 per cent increase on the previous year. 

Adjusted profit before tax reached £113.9 million for the year, representing approximately an eightfold increase on the prior year's figure. 

#### CUSTOMERS AND DEPOSITS

Monzo added 2.4 million net new customers during FY2025, finishing the year with 12 million customers on its platform. 

Customer deposits rose 48 per cent to £16.6 billion. 

The bank has been expanding its product suite to include lending, investments and business banking.

#### STATUTORY PROFIT

On a statutory basis, profit before tax was £60.5 million, up from £15.4 million in the prior (13-month) financial period.