Full-Time

IOS Engineer

Confirmed live in the last 24 hours

Monzo

Monzo

1,001-5,000 employees

Digital-only banking platform for personal finance

Fintech
Financial Services

Compensation Overview

ÂŁ78k - ÂŁ110kAnnually

+ Share Options

Junior, Mid

London, UK + 1 more

More locations: Remote in UK

Ad hoc meetings required in London.

Category
IOS Development
Software Engineering
Required Skills
iOS/Swift
Requirements
  • You care about the impact your work has on our customers, and optimise for impact rather than the number of lines of code you output
  • You are excited about and have experience in programming in Swift
  • You’ve shipped and iterated on at least one app in the App Store
  • You have a product mindset: you care about customer outcomes and you want to make data-informed decisions
  • You love turning excellent design into beautiful products
  • You’re comfortable working in a team that deals with ambiguity
  • You have an understanding of the principles of computer science
Responsibilities
  • You’ll be working on a product that is a part of day to day life for more than 11 million people already, and your work here will shape the way that people interact with their finances
  • This role is all about collaborating across disciplines to test hypotheses and make a difference to customers
  • As an iOS engineer at Monzo you'll work in a small, autonomous product squad alongside Android Engineers, Backend Engineers, User Researchers, Product Designers, Product Managers, QA Testers, Data Scientists and Business Analysts
  • You and your team will be responsible for an overall company goal, rather than building a specific feature - you'll have the opportunity to have impact on both *what* we build, and *how* we build it
  • Every week we meet as a discipline to discuss tools, techniques, problems we're encountering across the company and work together to improve our codebase and processes
  • You'll report to an engineering manager who will meet with you every 2 weeks 1:1, their mission is to help you develop and grow as an engineer

Monzo operates as a digital-only banking platform focused on providing a modern and convenient way for individuals to manage their finances. Its primary product is a user-friendly mobile app that enables customers to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up payments to the nearest dollar. Monzo generates revenue through interest on customer deposits, fees for certain services, and interchange fees from card transactions. Additionally, it offers overdrafts and personal loans as part of its services. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help customers stay informed about their finances. With over 8 million customers, Monzo aims to meet the growing demand for accessible, mobile-first banking solutions.

Company Stage

Private

Total Funding

$1.9B

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

↑ 8%

1 year growth

↑ 23%

2 year growth

↑ 62%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monzo's rapid customer growth, with over 8 million users, indicates strong market demand and potential for further expansion.
  • The launch of fee-free accounts for children under 16 could attract a new generation of loyal customers and foster long-term brand loyalty.
  • Innovative security features enhance customer trust and could reduce fraud-related losses, improving overall customer satisfaction.

What critics are saying

  • The competitive fintech landscape requires continuous innovation to maintain differentiation and avoid losing market share to other digital banks.
  • Regulatory changes affecting fees and interchange rates could impact Monzo's revenue model, necessitating adjustments to maintain profitability.

What makes Monzo unique

  • Monzo's digital-only banking platform offers a user-friendly mobile app with real-time balance updates and instant spending notifications, setting it apart from traditional banks.
  • The introduction of Monzo for Under 16s demonstrates a commitment to financial literacy and early financial education, a niche not widely addressed by competitors.
  • Monzo's trio of industry-first security controls, including Known Locations, Trusted Contacts, and Secret QR codes, provides enhanced fraud protection that is unique in the digital banking sector.

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Benefits

Competitive salary

Flexible working hours

Work from home

Stock options

32 days of paid vacation and public holidays per year

Health insurance

EAP

Learning budget

Home office stipend

Paid parental leave