How to trade the Monzo IPO
Trade as soon as the share price opens
Available on both account types
Costs kept low on this and all other markets
Low minimum trade sizes and stops available to manage downsize risk
ABOUT MONZO
Monzo, the UK-based digital bank launched in 2015, is gearing up for a potential IPO as early as 2025. Known for its bright coral debit cards and app-first approach, Monzo has built a loyal following by making everyday banking simple, transparent, and easy to manage. Features like instant spending notifications, budgeting tools, and savings pots have helped it stand out in a crowded market.
After years of heavy investment and growing pains, Monzo turned a corner in 2024 by posting its first annual profit. The company now has over 12 million customers and has reached $1 billion in annual revenue for the first time—major milestones that signal it’s moved from scrappy startup to serious contender. Growth has been driven by its core current account, as well as newer products like business accounts, personal loans, and investment tools.
Monzo has also made progress in the U.S., where it’s operating under a banking partnership and working towards a full licence. Backed by investors like Tencent, Coatue, and Passion Capital, the company was last valued at around $5 billion in 2023. That number is expected to climb as interest builds ahead of a listing.
With strong customer growth, rising revenues, and expansion into new markets, Monzo’s IPO could be a key moment for the UK fintech scene - showing whether digital-first banks are ready to compete at scale.
Spread betting or CFD’s
You can trade on the Monzo IPO via either spread bets or CFD’s. These products allow you to speculate on the underlying price of an asset class including the Monzo IPO. You can learn more about these two products and the differences between them here.
How do IPOs work?
IPOs work by having a company put its shares up for sale to the public. Some common reasons for this include seeking to raise capital for business growth, decreasing or settling debts, positioning itself to better attract and retain talent, or increasing liquidity.
The IPO process starts off with a detailed audit of the company by an external resource – it must be conducted taking all the company’s financials into consideration. Next, a registration statement needs to be prepared by the business and filed with the appropriate exchange commission. If the commission grants approval, the company can then list a set number of shares at a price determined by an investment bank.
