Crowdcube #FundedClub member Monzo announced it not only surpassed 100,000 users, but the users have also successfully spent £100 million. While sharing details about the 100,000th user, Monzo stated:
“This year has been pretty exciting so far and today is no exception. We’re proud to announce we’ve just reached 100,000 users! It’s great timing, our 2nd birthday is just round the corner and we’re close to reaching £100,000,000 spent on Monzo cards too. The honour goes to Robbie Mecrow from Nottingham. He’s officially our 100,000th user and we’re very proud to share this achievement with him! He joined Monzo after hearing about the instant spending notifications and fee free transactions abroad. Welcome to Monzo Robbie!”
The company then added:
“A huge thanks to the other 99,999 of you! Heaps of praise goes to our wonderful team who have packed and sealed every single card, by hand, here at Monzo HQ.”
Monzo (formerly Mondo) hit the spotlight last summer when it secured £1 million through its equity crowdfunding campaign on Crowdcube in 96 seconds. Following the funding success, the company declared itself a licensed bank.
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Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 26, 2026 vs Jan 1, 2025 - Oct 26, 2025
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Number of Filings131Prior 126 +4.0%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTD
Year prior
Change
Filings
131
126
+4.0%
Target raise
$3.40B
$3.54B
-3.9%
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the Crowded Media Group
the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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“This year has been pretty exciting so far and today is no exception. We’re proud to announce we’ve just reached 100,000 users! It’s great timing, our 2nd birthday is just round the corner and we’re close to reaching £100,000,000 spent on Monzo cards too. The honour goes to Robbie Mecrow from Nottingham. He’s officially our 100,000th user and we’re very proud to share this achievement with him! He joined Monzo after hearing about the instant spending notifications and fee free transactions abroad. Welcome to Monzo Robbie!”
