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# Monzo Taps Morgan Stanley for Private Share Sale Following $5.9 Billion Valuation
- URL: https://www.theglobalbanker.com/monzo-taps-morgan-stanley-private-share-sale-5-9-billion-valuation/
- Published: 2025-10-24T13:28:00.000Z
- Updated: 2026-10-02T14:11:59.000Z
- Description: UK digital bank Monzo has engaged Morgan Stanley to arrange a new private share sale, building on the $5.9bn valuation set in its October 2024 employee share sale.
- Author: TGB Editorial Team
- Tags: Fintech, Europe, #archive

Monzo, the British digital bank, has engaged Morgan Stanley to arrange a fresh private share sale, according to people familiar with the matter. The move comes after the lender raised about $620 million in primary funding in 2024 and was then valued at $5.9 billion in an employee secondary share sale in October 2024\. The new transaction would allow existing shareholders and, potentially, new institutional investors to trade stakes in the company ahead of a public offering that the bank has been working towards.

#### PROFIT AND CUSTOMERS

The bank reported a pretax profit of £60.5 million for the financial year ending March 2025, up from £15.4 million recorded the prior year. 

The bank now serves more than 13 million customers in the United Kingdom. 

#### IPO PREPARATIONS

Monzo has been preparing for an eventual initial public offering. Earlier reports in 2025 (Sky News, May 2025) suggested an IPO could value the bank at more than £6 billion.