Monzo Bank reviews

3.9

74% would recommend to a friend

(1,059 total reviews)

Diana Layfield

86% approve of CEO

76% positive business outlook

Monzo Bank has an employee rating of 3.9 out of 5 stars, based on 1,059 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Monzo Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

1K reviews
5.0
Jun 14, 2026
Recommend
CEO approval
Business Outlook

Pros

- Autonomy to do the work you think is most impactful - Mission to make money work for everyone - Culture and flexibility to do the work how/ when you want

Cons

Hired too quite a large number of senior staff in the last few years creating more process which has slowed us down

avatar
Monzo Bank Response
1d
Hi there, Thanks so much for sharing your experience. It’s great to hear that the autonomy, flexibility, and our mission to make money work for everyone have stood out to you. We also hear your feedback on how adding more senior roles and process can affect pace, and we know that’s important to keep an eye on as Monzo grows. Feedback like this helps us understand what’s working well and where we need to keep improving. If you’d like to share anything further, you can reach us at hiring@monzo.com. Thanks again for taking the time to share this.
2.0
Jun 14, 2026
Recommend
CEO approval
Business Outlook

Pros

Great developer tooling and lots of smart employees

Cons

Poor compensation and progression, and the transition of CEOs looks like it will make this worse. Beware that it's very likely that you're not going to see any pay increases unless you're in the top percentile in your band, and even then meeting the progression framework is no guarantee. Avoid if you expect career progression.

4.0
Jun 10, 2026

Fantastic culture but tough promotion landscape

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great place to work, amazing company culture

Cons

Tough to get promoted, very high expectations

avatar
Monzo Bank Response
4d
Hi there, Thanks for taking the time to share this feedback. It’s great to hear that Monzo feels like a good place to work and that the culture has stood out to you. We also hear your comments about promotion and high expectations, and we know these things can have a real impact on people’s experience at work. Feedback like this helps us understand where we need to keep improving. If you’re comfortable sharing more detail, please contact us at hiring@monzo.com so we can make sure your feedback reaches the right team. Thanks again for sharing this with us.
Viewing 1 - 3 of 1,059 Reviews

Glassdoor has 1,107 Monzo Bank reviews submitted anonymously by Monzo Bank employees. Read employee reviews and ratings on Glassdoor to decide if Monzo Bank is right for you.