Monzo announces plan to acquire digital mortgage broker Habito

Digital bank Monzo has announced its intention to acquire digital mortgage broker Habito. 

The acquisition will make Monzo the first UK bank to offer a fully end-to-end mortgage broking experience within its app.

Monzo already helps more than 450,000 people track their mortgage via its Homeownership feature which connects any mortgage, shows customers' balance and home value, and highlights better deals.

The deal is expected to close in Spring 2026, subject to regulatory and other customary approvals. 

Kunal Malani, chief banking officer at Monzo, said: “Monzo has transformed money management for millions and millions of customers - yet we know that mortgages still remain a complex, cumbersome pain point, and one we are looking to solve. This is a huge step in our mission to make money work for everyone, and we’re excited to bring Monzo’s simplicity and transparency to one of life’s biggest financial moments.”

Ying Tan, CEO of Habito, said: “At Habito, we’ve always believed mortgages should be easier, fairer, and simpler for everyone. I’m incredibly proud of what our team has built, and I couldn’t be more excited for this next chapter with Monzo. Together, we’ll transform what the mortgage experience feels like - effortless, empowering, and truly built around people.”