MONZO BANK LIMITED

Reference number: 730427

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Identity

Check their details

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

Also trades as
  • Monzo

Company details

From the company's Companies House record.

Company number
09446231
Company status
Active
Company type
Private limited company
Incorporated
18 February 2015 (11 years old)
Registered office
Broadwalk House, 5 Appold Street, London, EC2A 2AG, England
Nature of business
  • Banks (SIC 64191)
  • Financial intermediation not elsewhere classified (SIC 64999)

Current directors and secretaries

Name Role Born Appointed
Eileen Burbidge Director Jun 1971 21 Apr 2015
Gary Hoffman Director Oct 1960 1 Feb 2019
Fiona Catherine Mcbain Director Mar 1961 1 Jan 2020
Valerie Michelle Dias Director Oct 1959 1 Jun 2021
Elizabeth Frances Runham Director Jul 1975 1 Mar 2022
Jane Fields Wicker-Miurin Director Jul 1958 1 Apr 2024
Mark Newbery Director Feb 1980 25 Nov 2024
Delfin Rueda Arroyo Director Apr 1964 27 Jun 2025
Jambu Palaniappan Director Oct 1987 1 Sep 2025
Karen Alexandra Smith Peacock Director May 1972 13 Oct 2025
Spencer George Lake Director Apr 1960 13 Oct 2025
Diana Louise Patricia Layfield Director Jul 1970 1 Feb 2026
Rupert Graham Keeley Director Nov 1957 1 Jun 2026
Paul Mccullagh Secretary Not published 12 Sep 2023

Activities and protection

What they can do, and how you are protected

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Give regulated advice FSCS may apply
    A claim for unsuitable advice is itself FSCS-protected, up to the limit that applies to the product you were advised on.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Advise on or arrange mortgages FSCS may apply
    Mortgage advice and arranging may be FSCS-covered, up to the limit that applies.
  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
Show FCA detail (16 permissions)
  • Accepting Deposits
  • Advising on investments (except on Pension Transfers and Pension Opt Outs)
  • Arranging (bringing about) deals in investments
  • Arranging (bringing about) regulated mortgage contracts
  • Arranging safeguarding and administration of assets
  • Assisting in the administration and performance of a contract of insurance
  • Credit Broking
  • Dealing in investments as agent
  • Dealing in investments as principal
  • Debt-counselling
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Making arrangements with a view to regulated mortgage contracts
  • Making arrangements with a view to transactions in investments
  • Providing Credit Information Services
  • Providing Targeted Support

Complaints: You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.

Track record

Action taken against them, and what customers complained about

1 fine in 2025. This is part of the official register record and is worth reviewing before going ahead.

  • Fined on 7 July 2025
    A final notice has been issued in relation to Monzo because it breached Principle 3 in failing to take reasonable care to organise and control its systems and controls for managing the risk of financial crime (in particular in connection with customer onboarding) responsibly and effectively during the Pre VREQ Period. Monzo also contravened relevant requirements imposed upon it (under section 55L(5)(a) of the Act) during the Relevant VREQ Period.

Previously registered as

The FCA register holds one earlier registered name for this firm. A registered name changes when a firm rebrands, and a partnership's changes whenever its partners do.

  • Focus FS Limited

Names it no longer trades under

This firm has retired one trading name. If you were contacted under one of these, the name did belong to this firm, but check the current details above before going ahead.

Show the retired name
  • Mondo

Complaints record

In January–June 2025, the Financial Ombudsman Service received 3,004 new complaints about this firm, and upheld 35% of the ones it decided.

That is above the 31% median for the firms the Ombudsman reports on.

  • Banking and credit 2,996
  • Investments 7
  • Insurance 1

A bigger firm receives more complaints simply because it has more customers. FOS complaints data →

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Common questions

Frequently asked questions

Is MONZO BANK LIMITED FCA authorised?
Yes, MONZO BANK LIMITED (FRN 730427) is authorised by the FCA to carry out regulated activities.
Is my money safe with MONZO BANK?
It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about MONZO BANK to the Financial Ombudsman Service, free of charge.
Is MONZO BANK a scam or clone?
MONZO BANK is a genuine FCA-listed firm. However, scammers sometimes clone authorised firms. Always check that the contact details you were given match those on the FCA register before sending money or sharing information.
What is MONZO BANK's Firm Reference Number (FRN)?
MONZO BANK's FRN is 730427. You can verify it on the FCA register.