Making Money Work For Everyone: Our Partnership with Monzo
We’re thrilled to officially announce our partnership with Monzo, a leading digital bank in the UK.

Monzo CEO, TS Anil

Making Money Work For Everyone: Our Partnership with Monzo

We’re thrilled to officially announce our partnership with Monzo, a leading digital bank in the UK.

Monzo CEO, TS Anil

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https://www.iconiqcapital.com/growth/insights/making-money-work-for-everyone-our-partnership-with-monzo

Stay Ahead with ICONIQ Growth

At ICONIQ Growth, we have been steadfast and long-term partners across fintech and financial software given our strong belief in the immense market and critical nature of these products. Through our partnerships with portfolio companies like Adyen, Chime, Ramp, Robinhood, Wealthsimple, Groww, and others, we’ve had a front-row seat to the evolution of this ecosystem. We believe that what was once a fragmented and crowded market is now consolidating, with the structural leaders becoming clearer than ever.

At the same time, we believe there remains significant opportunity ahead for these next-gen players. They are, in our view, on the right side of history aligning with global shifts in consumer appetite for, adoption of, and trust in digitally-native fintech products, and have the potential to enable these companies to take an increased share from incumbents and continue pushing the boundaries on innovation in financial services.

Monzo stands out to us as one of these structural leaders, and we’re thrilled to officially announce our partnership with Monzo, a leading digital bank in the UK. Monzo’s attractive product offering and pace of innovation underpinned by a deeply authentic mission to “Make Money Work for Everyone” has struck a chord with us over the years. Boasting an industry-leading NPS of around 70+ in the UK, Monzo has grown over the years to serve 11M+ users today with impressive customer advocacy, feedback, loyalty and trust - key ingredients that we believe are critical for long-term success in financial services. 

Monzo’s deep customer affinity is a testament to their strong focus on creating an exceptional and seamless user experience, combined with high-quality customer support and a quickly-expanding product offering. The Monzo platform today spans the financial lifecycle of a customer across spending, budgeting, borrowing, savings, investing and more, affording customers a single pane of glass and unified experience. Recognizing similarly acute pain points and needs amongst SMBs, Monzo also offers a growing suite of financial software products to serve sole traders and businesses with more sophisticated needs in addition to banking, driving its early success in this segment with 600K+ SMB customers today.

The driving force behind Monzo’s success is its highly experienced team with deep domain expertise, led by CEO T.S. Anil. With decades of experience at Visa, Standard Chartered, Citi, and Capital One, T.S. brings extensive expertise in financial services and technology. Together with its impressive leadership team, we believe that Monzo is uniquely positioned to redefine the future of financial services across the UK and beyond. 

Building on its success and category leadership, Monzo has set its sights on international expansion across US and Europe, where we believe there are similarly compelling opportunities to further modernize banking and financial services. 

At ICONIQ Growth, we believe Monzo is a generational platform with massive potential. Its commitment to innovation, exceptional customer experience, and global vision positions it as a transformative force in financial services. We could not be more thrilled to partner with T.S. and the remarkable Monzo team on this journey! 

Thank you, Monzo — welcome to the ICONIQ Growth family!

The ICONIQ Growth website does not present information relating to ICONIQ Capital, its investment funds, or its advisory business and should not be consulted for any advisory purposes. The ICONIQ Growth content is intended for the use of company founders and executives.

Notes

ICONIQGrowth is a trading name of certain ICONIQ businesses, including ICONIQPartners (UK) LLP. ICONIQ Partners (UK) LLP(Registration Number: 973080) is anappointed representative of Kroll Securities Ltd. (Registration Number: 466588)which is authorized and regulated by the Financial Conduct Authority. ICONIQPartners (UK) LLP is a limited liability partnership whose members are ICONIQCapital (UK) Ltd, Seth Pierrepont and Lou Thorne, and it is registered inEngland and Wales and has its registered office at 27 Soho Square, London W1D3QR. ICONIQ Partners (UK)LLP acts as an adviser to ICONIQ Capital LLC.

Disclaimer

The views expressed in this presentation are those of ICONIQ Growth ("ICONIQ" or the "firm"), are the result of proprietary research, may be subjective, and may not be relied upon in making an investment decision. 

 This presentation is for general information purposes only and does not constitute investment advice.  This presentation must not be relied upon in connection with any investment decision.  The information in this presentation is not intended to and does not constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services.  Nothing in this presentation is or should be construed as an offer, invitation or solicitation to engage in any investment activity or transaction, including an offer to sell or a solicitation of an offer to buy any securities which should only be made pursuant to definitive offering documents and subscription agreements, including without limitation, any investment fund or investment product referenced herein.  

Any reproduction or distribution of this presentation in whole or in part, or the disclosure of any of its contents, without the prior consent of ICONIQ, is strictly unauthorized.  

This presentation may contain forward-looking statements based on current plans, estimates and projections.  The recipient of this presentation ("you") are cautioned that a number of important factors could cause actual results or outcomes to differ materially from those expressed in, or implied by, the forward-looking statements.  The numbers, figures and case studies included in this presentation have been included for purposes of illustration only, and no assurance can be given that the actual results of ICONIQ or any of its partners and affiliates will correspond with the results contemplated in the presentation.  No information is contained herein with respect to conflicts of interest, which may be significant.  The portfolio companies and other parties mentioned herein may reflect a selective list of the prior investments made by ICONIQ.  

Certain of the economic and market information contained herein may have been obtained from published sources and/or prepared by other parties.  While such sources are believed to be reliable, none of ICONIQ or any of its affiliates and partners, employees and representatives assume any responsibility for the accuracy of such information.  

All of the information in the presentation is presented as of the date made available to you (except as otherwise specified), and is subject to change without notice, and may not be current or may have changed (possibly materially) between the date made available to you and the date actually received or reviewed by you.  ICONIQ assumes no obligation to update or otherwise revise any information, projections, forecasts or estimates contained in the presentation, including any revisions to reflect changes in economic or market conditions or other circumstances arising after the date the items were made available to you or to reflect the occurrence of unanticipated events.  

For avoidance of doubt, ICONIQ is not acting as an adviser or fiduciary in any respect in connection with providing this presentation and no relationship shall arise between you and ICONIQ as a result of this presentation being made available to you.  

ICONIQ is a diversified financial services firm and has direct client relationships with persons that may become limited partners of ICONIQ funds.  Notwithstanding that a person may be referred to herein as a "client" of the firm, no limited partner of any fund will, in its capacity as such, be a client of ICONIQ.  There can be no assurance that the investments made by any ICONIQ fund will be profitable or will equal the performance of prior investments made by persons described in this presentation. 

Any information in this presentation is directed at, and intended for, only persons who are experienced institutional or professional investors (“professional investors”) as defined by applicable law and regulation.  Any person that is not a professional investor is not an intended recipient of this presentation and the matters discussed herein.

ICONIQ Growth is a trading name of certain ICONIQ businesses, including ICONIQ Partners (UK) LLP. ICONIQ Partners (UK) LLP (Registration Number: 973080) is an appointed representative of Kroll Securities Ltd. (Registration Number: 466588) which is authorised and regulated by the Financial Conduct Authority. ICONIQ Partners (UK) LLP is a limited liability partnership whose members are ICONIQ Capital (UK) Ltd, Seth Pierrepont and Lou Thorne, and it is registered in England and Wales and has its registered office at 27 Soho Square, London W1D 3QR. ICONIQ Partners (UK) LLP acts as an adviser to ICONIQ Capital LLC

Unless otherwise indicated, the views expressed in this presentation are those of ICONIQ Growth (“ICONIQ" or the “Firm"), are the result of proprietary research, may be subjective, and may not be relied upon in making an investment decision. Information used in this presentation was obtained from numerous sources. Certain of these companies are portfolio companies of ICONIQ Growth. ICONIQ Growth does not make any representations or warranties as to the accuracy of the information obtained from these sources.

This presentation is for general information purposes only and does not constitute investment advice. This presentation must not be relied upon in connection with any investment decision. The information in this presentation is not intended to and does not constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services. Nothing in this presentation is or should be construed as an offer, invitation or solicitation to engage in any investment activity or transaction, including an offer to sell or a solicitation of an offer to buy any securities which should only be made pursuant to definitive offering documents and subscription agreements, including without limitation, any investment fund or investment product referenced herein.

Any reproduction or distribution of this presentation in whole or in part, or the disclosure of any of its contents, without the prior consent of ICONIQ, is strictly unauthorized.

This presentation may contain forward-looking statements based on current plans, estimates and projections. The recipient of this presentation ("you") are cautioned that a number of important factors could cause actual results or outcomes to differ materially from those expressed in, or implied by, the forward-looking statements. The numbers, figures and case studies included in this presentation have been included for purposes of illustration only, and no assurance can be given that the actual results of ICONIQ or any of its partners and affiliates will correspond with the results contemplated in the presentation. No information is contained herein with respect to conflicts of interest, which may be significant. The portfolio companies and other parties mentioned herein may reflect a selective list of the prior investments made by ICONIQ.

Certain of the economic and market information contained herein may have been obtained from published sources and/or prepared by other parties. While such sources are believed to be reliable, none of ICONIQ or any of its affiliates and partners, employees and representatives assume any responsibility for the accuracy of such information.

All of the information in the presentation is presented as of the date made available to you (except as otherwise specified), and is subject to change without notice, and may not be current or may have changed (possibly materially) between the date made available to you and the date actually received or reviewed by you. ICONIQ assumes no obligation to update or otherwise revise any information, projections, forecasts or estimates contained in the presentation, including any revisions to reflect changes in economic or market conditions or other circumstances arising after the date the items were made available to you or to reflect the occurrence of unanticipated events. Numbers or amounts herein may increase or decrease as a result of currency fluctuations.

For avoidance of doubt, ICONIQ is not acting as an adviser or fiduciary in any respect in connection with providing this presentation and no relationship shall arise between you and ICONIQ as a result of this presentation being made available to you.

ICONIQ is a diversified financial services firm and has direct client relationships with persons that may become limited partners of ICONIQ funds. Notwithstanding that a person may be referred to herein as a "client" of the firm, no limited partner of any fund will, in its capacity as such, be a client of ICONIQ. There can be no assurance that the investments made by any ICONIQ fund will be profitable or will equal the performance of prior investments made by persons described in this presentation.

Any information in this presentation is directed at, and intended for, only persons who are experienced institutional or professional investors (“professional investors”) as defined by applicable law and regulation. Any person that is not a professional investor is not an intended recipient of this presentation and the matters discussed herein.

ICONIQ Growth is a trading name of certain ICONIQ businesses, including ICONIQ Partners (UK) LLP. ICONIQ Partners (UK) LLP (Registration Number: 973080) is an appointed representative of Kroll Securities Ltd. (Registration Number: 466588) which is authorised and regulated by the Financial Conduct Authority. ICONIQ Partners (UK) LLP is a limited liability partnership whose members are ICONIQ Capital (UK) Ltd, Seth Pierrepont and Lou Thorne, and it is registered in England and Wales and has its registered office at 27 Soho Square, London W1D 3QR. ICONIQ Partners (UK) LLP acts as an adviser to ICONIQ Capital LLC