United Kingdom · Financial institution
Monzo Bank Limited
Legal name in the LEI recordMONZO BANK LTD
Monzo Bank Limited is a private limited company registered in England and Wales, with its head office in London. It is a wholly owned subsidiary of Monzo Bank Holding Group Limited, which was formed on 6 April 2023 and also owns Monzo Bank Europe DAC in Ireland. The bank offers app-based personal and business current accounts, savings, loans, overdrafts and credit cards in the UK. It also gives customers access to investments, pensions and insurance. It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MONZGB2LXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MONZGB2L directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT
- Branch codes
- None: head-office BIC only
- Other BIC with this LEI
- MONZGB22
- BIC first registered
- 2016-12-27
- Last updated
- 2020-05-30
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% Monzo Bank Holding Group Limited
Institution type
Digital bank
Trades as Monzo
- Ownership
- Monzo Bank Holding Group Limited holds 100% of the bank. The holding company is privately held by venture and institutional investors.
- Direct parent
- Monzo Bank Holding Group Limited ↗, United Kingdom 100%
- Head office
- Broadwalk House, 5 Appold St, EC2A 2AG London, United Kingdom
- Company register
- 09446231, Companies House (England and Wales); FCA Financial Services Register 730427
- Former name
- FOCUS FS LIMITED
Business lines
The bank is funded mainly by retail deposits and provides app-based current accounts, savings and unsecured lending to personal and small-business customers in the UK. It also distributes investment, pension and insurance products.
Online
- Websites & references
- monzo.com ↗
web.monzo.com ↗ web app login
Wikipedia ↗
Wikidata Q25206290 ↗ - Official social accounts
- LinkedIn ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 12 pages consulted
- monzo.com
- monzo.com/meet-our-board
- monzo.com/meet-our-executive-team
- monzo.com/investor-information
- monzo.com/annual-report/2026
- monzo.com/annual-report/2026/Monzo-MBL-Pillar-3-2026.pdf
- fca.org.uk/news/press-releases/fca-fines-monzo-21m-failings-financial-crime-controls
- fintechfutures.com/job-cuts-new-hires/gary-hoffman-to-step-down-as-monzo-group-chair
- bankingdive.com/news/monzo-chair-gary-hoffman-to-leave-peacock-layfield-anil/828286/
- finance.yahoo.com/news/monzo-talks-multibillion-pound-sale-131800079.html
- monzo.com/blog/building-a-processing-system-for-international-payments
- en.wikipedia.org/wiki/Monzo
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Diana Layfield
Group Chief Executive Officer
- Chair
- Rupert Keeley Chair of Monzo Bank Limited (also Independent Non-Executive Director of Monzo Bank Holding Group Limited)
- Chief financial officer
-
Mark Newbery
MBL Chief Financial Officer
- Executive
-
Tom Oldham
Group Chief Financial Officer
- Executive
-
Karen Peacock
Interim Chair of the MBHG Board of Directors and Independent Non-Executive Director
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United Kingdom
- Prudential Regulation Authority Prudential supervisor
- United Kingdom
- Financial Conduct Authority ConductAML supervisor
- United Kingdom
- Bank of England Central bankResolution
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Merger / acquisition
Sky News reported that the Monzo group was in early-stage talks about a possible sale to Nu Holdings.
finance.yahoo.com ↗ -
Leadership
Gary Hoffman stepped down as group chair in early September 2026. Karen Peacock became interim chair of the holding company board.
bankingdive.com ↗ -
Leadership
The group gave the bank and its holding company separate boards from 20 July 2026. Rupert Keeley was appointed chair of the bank.
monzo.com ↗ -
Leadership
Diana Layfield succeeded TS Anil as Group Chief Executive Officer. TS Anil became Vice-Chair of the Board on 1 March 2026.
monzo.com ↗ -
Enforcement
The FCA fined the bank GBP 21,091,300 for inadequate financial crime controls and breaches of a restriction on onboarding high-risk customers.
fca.org.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MONZGB2LXXX
- How the BIC breaks down
- MONZBank
- GBCountry · United Kingdom
- 2LLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 213800PLUYXGZ8LU7T61
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 2015
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Monzo Bank Holding Group Limited · United Kingdom213800WIZ7R66OO87N21 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- BROADWALK HOUSE 5 APPOLD STREET LONDON EC2A 2AG UNITED KINGDOM
- Operational address
- BROADWALK HOUSE 5 APPOLD STREET LONDON LONDON EC2A 2AG UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MONZGB2LXXX</BICFI>
<LEI>213800PLUYXGZ8LU7T61</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MONZGB2LXXX</BICFI>
<LEI>213800PLUYXGZ8LU7T61</LEI>
<Nm>MONZO BANK LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>BROADWALK HOUSE 5 APPOLD STREET LONDON EC2A 2AG</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2019-04-01 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Monzo Bank Limited · Public domain · Wikimedia Commons · original; Diana Layfield: monzo.com (official website) · original; Mark Newbery: monzo.com (official website) · original; Tom Oldham: monzo.com (official website) · original; Karen Peacock: monzo.com (official website) · original.
Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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