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Monzo Software Engineer Salaries

Software Engineer compensation in United Kingdom at Monzo ranges from £77.1K per year for L2 to £134K per year for L5. The median yearly compensation in United Kingdom package totals £110K. View the base salary, stock, and bonus breakdowns for Monzo's total compensation packages. Last updated: 5/19/2025

Average Compensation By Level
Add CompCompare Levels
Level Name
Total
Base
Stock
Bonus
L1
(Entry Level)
£ --
£ --
£ --
£ --
L2
£77.1K
£69.9K
£7.2K
£0
L3
£101K
£86.9K
£13.7K
£149
L4
Senior Engineer
£131K
£103K
£28.1K
£0
View 2 More Levels
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£123K

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Vesting Schedule

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
Options

At Monzo, Options are subject to a 4-year vesting schedule:

  • 25% vests in the 1st-year (25.00% annually)

  • 25% vests in the 2nd-year (2.08% monthly)

  • 25% vests in the 3rd-year (2.08% monthly)

  • 25% vests in the 4th-year (2.08% monthly)

10 years post-termination exercise window.



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Included Titles

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iOS Engineer

Backend Software Engineer

FAQ

The highest paying salary package reported for a Software Engineer at Monzo in United Kingdom sits at a yearly total compensation of £165,410. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at Monzo for the Software Engineer role in United Kingdom is £109,631.

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