Tide vs Monzo

traditional vs traditional · from the open dataset of 368 tracked neobanks · no affiliate links, ever

Tide: 1M+ SME members (UK + India).

Monzo: 12M+ customers; UK licence; US expansion.

Side by side

	Tide	Monzo
Category	traditional	traditional
Audience	SMB & startups	general
HQ	London, UK	London, UK
Founded	2015	2015
Custody	Custodial	Custodial
Regulation	E-money institution	Licensed bank
Licence detail	E-money; deposits via ClearBank	UK banking licence
Card	MC · Business debit	MC · Debit
Cashback	Cashback (plan)	—
Yield	—	~4% savings pots
Stablecoins	No	No
KYC	Yes	Yes
Regions	Europe	Europe
Reported users	—	12M customers (2025)

go deeperFull profiles: Tide · Monzo — or run your own comparison of up to four in the directory.

Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.