Monzo leads London expansion of tech start-ups

Monzo, the challenger bank, is leading a pack of second and third generation tech start-ups expanding their office take-up in central London.

The online banking disruptor is tripling its London take-up in just one year, having agreed to sublease 40,000 sq ft from Bloomberg at 38 Finsbury Square, EC2.

It will move from its current office at 230 City Road, EC1, where it currently occupies 13,000 sq ft. Monzo has agreed to take a two-year lease, paying circa £34 per sq ft at its new HQ, which was occupied by Bloomberg before it