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Posted on October 1, 2018 by staff

Monzo tops LinkedIn’s latest start-up list

LinkedIn has today published its second Top Startups list, with mobile-only challenger bank Monzo clinching the first place for the second year running.

The annual list, which ranks the 25 UK start-ups most ‘sought-after’ by LinkedIn members, features 13 tech start-ups including Improbable, Revolut and Starling Bank.

Monzo is shortly expected to join the club of British unicorns – a company valued at over $1 billion, after announcing its upcoming funding round.

“Our internal community is so important and crucial to the success of Monzo as a whole so we’re very happy to be named in LinkedIn’s 2018 Top Startups list again this year,” said Tara Masnfield, head of people at Monzo. 

“In the last year, we’ve grown from 161 to nearly 400 employees and have just hit one million customers, so it’s great to see everyone’s hard work recognised today.”

A quarter of the total list is made up by other challenger banks while 56 per cent of the list taken up by tech companies, including health consultation app Babylon Health and live sports streaming service DAZN.

The other companies to feature are on the list are Bitcoin wallet start-up Blockchain; direct debit processing business GoCardless; digital engineering consultancy Contino; recruitment start-up Beamery; FinTech cloud payment platform CurrencyCloud; and app-based bank Tandem.

“Our list this year represents a diverse range of industries, from digital marketing to fintech, and shows how British tech startups are changing everything from the way we save money to how we find a job or buy a house,” said Orlando Crowcroft, UK news editor at LinkedIn.

“At a time of economic and political uncertainty, these 25 companies are putting innovation and invention at the forefront of what they do.

“Our data tells us that these start-ups are not only seeing incredible growth, but are the places where LinkedIn members want to work. It is easy to see why.”