Monzo Bank Ltd Credit Rating - BB+ from Fitch Ratings

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Monzo Bank Ltd

Monzo Bank Ltd

FCA: 730427

Current Rating

BB+

Rating Agency

Fitch Ratings

Outlook

Stable

Last Updated

27 January 2026

Founded

2015

Ownership

Private (VC-backed)

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Commentary

Rating sourced from public reference data. Please verify with official sources for Monzo Bank Ltd.

Rating History Chart

Rating History

Analysis Timeline

27 Jan 2026

BB+ (Fitch Ratings)

Rating sourced from public reference data. Please verify with official sources for Monzo Bank Ltd.

15 Jun 2023

BB (Fitch Ratings)

Upgraded as bank approaches profitability

15 Jun 2021

BB- (Fitch Ratings)

Outlook revised to Stable after capital raise

20 Apr 2020

BB- (Fitch Ratings)

Outlook revised due to COVID-19 impact and path to profitability concerns

15 Jun 2019

BB- (Fitch Ratings)

Digital challenger bank with growing customer base

Latest News

Some £17m lost to jobs fraud as younger jobseekers targeted, Monzo reveals - Yahoo Finance UK Yahoo Finance UK - 25 Feb 2026

Monzo Business Simplifies Tax Filing with New Free Tool as Sole Traders Lose Hours Monthly on Tax Admin and MTD Approaches - FF News | Fintech Finance FF News | Fintech Finance - 23 Feb 2026

Monzo lowers investment and pension fees - FT Adviser FT Adviser - 18 Feb 2026

The Monzo Money Pulse: Research Reveals Irish Adults Are Sitting on a €1.5 Billion1 ‘Savings Gapʼ - FF News | Fintech Finance FF News | Fintech Finance - 11 Feb 2026

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