Founded in London in the United Kingdom (UK) in 2015, Monese Limited is am app-only bank that was based on the mantra of being inclusive, instant, and on-demand. Monese's total loss for the full financial year rose from just over 1.5 million British pounds in 2015 to over 30 million British pounds in 2022, which was still lover than in 2019. As of 2023, the bank app had over two million downloads in the UK.
Total profit/loss of Monese from 2015 to 2022
(in million GBP)
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Companies House. (December 29, 2023). Total profit/loss of Monese from 2015 to 2022 (in million GBP) [Graph]. In Statista. Retrieved February 11, 2025, from https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed
Companies House. "Total profit/loss of Monese from 2015 to 2022 (in million GBP)." Chart. December 29, 2023. Statista. Accessed February 11, 2025. https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed
Companies House. (2023). Total profit/loss of Monese from 2015 to 2022 (in million GBP). Statista. Statista Inc.. Accessed: February 11, 2025. https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed
Companies House. "Total Profit/Loss of Monese from 2015 to 2022 (in Million Gbp)." Statista, Statista Inc., 29 Dec 2023, https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed
Companies House, Total profit/loss of Monese from 2015 to 2022 (in million GBP) Statista, https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed (last visited February 11, 2025)
Total profit/loss of Monese from 2015 to 2022 (in million GBP) [Graph], Companies House, December 29, 2023. [Online]. Available: https://www.statista.com/statistics/1132691/total-loss-for-the-financial-year-for-monese-bank-united-kingdom/?__sso_cookie_checker=failed