The neobank has experienced a significant increase in revenue over the past year, according to an investor update seen by Sifted.
Subscribers for Monzo Plus and Premium options will be eligible for three free shares thanks to a partnership with Freetrade.
The UK challenger Monzo bank has recently reported £130M in pre-tax losses up from £114 million in the same period in 2020.
Monzo is only one of the few UK companies that offer paid leave for their employees who experienced the loss of a pregnancy.
Monzo has reached a combined total of 135,000 customers for its two premium bank account options since their launch in 2020 and now it extends their benefits.
The company has 850,000 customers across its different businesses and is on track to be profitable for the full year in 2023, the first time since its founding 17 years ago.
As interest rates remain high, borrowing will continue to play a significant role in helping these businesses achieve their goals.