Full-Time

Backend Engineer

Confirmed live in the last 24 hours

Monzo

Monzo

1,001-5,000 employees

Digital-only banking platform for consumers

Fintech
Financial Services

Compensation Overview

ÂŁ75k - ÂŁ105kAnnually

+ Stock Options

Mid, Senior

H1B Sponsorship Available

London, UK + 1 more

More locations: Cardiff, UK

Hybrid role with ad hoc meetings in London.

Category
Backend Engineering
Software Engineering
Required Skills
Java
Go
Scala
C/C++
Requirements
  • strong experience working on the backend of a technology product
  • want to be involved in building a product that you (and the people you know) use every day
  • a product mindset: you care about customer outcomes and you want to make data-informed decisions
  • comfortable working in a team that deals with ambiguity
  • interested in distributed systems and writing resilient software
  • some experience with strongly-typed languages (Go, Java, C, Scala etc.)
  • enjoy the kind of work we’re doing
Responsibilities
  • collaborating across disciplines to test hypotheses and make a difference to customers
  • working in a squad alongside product managers, marketers, user researchers, designers, mobile engineers, web engineers, data analysts, business analysts, writers and more
  • building and supporting a particular part of Monzo

Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users 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 transactions 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. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.

Company Stage

Late Stage VC

Total Funding

$1.9B

Headquarters

London, United Kingdom

Founded

2015

Growth & Insights
Headcount

6 month growth

↑ 9%

1 year growth

↑ 25%

2 year growth

↑ 65%
Simplify Jobs

Simplify's Take

What believers are saying

  • Monzo's partnership with SignLive enhances accessibility for Deaf and hard of hearing users.
  • Expansion into Europe, starting with Ireland, opens new markets for Monzo.
  • Monzo's 'Team' plan addresses needs of larger small businesses, increasing market share.

What critics are saying

  • Monzo's expansion into Europe may face regulatory challenges due to past breaches.
  • Reliance on digital platforms makes Monzo vulnerable to technological disruptions.
  • Increasing fintech competition pressures Monzo to innovate rapidly, risking strategic missteps.

What makes Monzo unique

  • Monzo offers real-time updates and instant notifications for transactions via its app.
  • The 'Pots' feature allows users to set aside money for specific purposes.
  • Monzo's gambling block feature helps users manage and control gambling habits.

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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