Monzo has agreed to acquire Habito for an undisclosed sum.
The bank said the deal, expected to close in spring 2026, subject to regulatory and other customary approvals, will enable it to offer a fully end-to-end mortgage broking experience within its app.
Monzo, which recently topped 14 million customers, already helps more than 450,000 people track their mortgage via its homeownership feature.
Digital mortgage and protection broker Habito launched in 2016.
Health & Protection contacted both Habito and Monzo for further details.
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, (pictured right with colleague Britney Trussler), said: “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.”
