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Linas's Newsletter
Digital Banking's Crown Jewel: Monzo's 2025 Annual Report Shows Exceptional Unit Economics and Market Leadership 😤🏦; Robinhood secures Lithuania's first crypto license 🏦🇱🇹

Digital Banking's Crown Jewel: Monzo's 2025 Annual Report Shows Exceptional Unit Economics and Market Leadership 😤🏦; Robinhood secures Lithuania's first crypto license 🏦🇱🇹

FinTech is Eating the World, 3 June

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Linas Beliūnas
Jun 03, 2025
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Linas's Newsletter
Linas's Newsletter
Digital Banking's Crown Jewel: Monzo's 2025 Annual Report Shows Exceptional Unit Economics and Market Leadership 😤🏦; Robinhood secures Lithuania's first crypto license 🏦🇱🇹
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Hey Everyone,

Good morning & happy Tuesday! Today’s issue is truly exciting as we’re diving deep into digital banking's crown jewel Monzo and its 2025 annual report (breaking down the key numbers, what they mean & why you should be bullish on Monzo + bonus deep dives into its competitors Revolut & Starling), and Robinhood that just secured Lithuania's first crypto license (what it’s all about, why it matters & what’s next + bonus deep dive into Robinhood and their latest financials). So let’s just jump straight into the interesting stuff 🌶️

Digital Banking's Crown Jewel: Monzo's 2025 Annual Report Shows Exceptional Unit Economics and Market Leadership 😤🏦

Following the money 💸 Banking challenger Monzo represents the rare FinTech unicorn that has successfully transitioned from a venture-backed growth story to a sustainably profitable banking institution.

The British FinTech giant just posted their FY2025 financials, and it’s clear that Monzo stands as one of the most compelling digital banking investment opportunities globally, with fundamentals that support a premium valuation upon eventual public listing.

Let’s take a deep dive into this, unpack the most important numbers, understand what they mean, and see what’s next for Monzo.

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