Monarch hits $100m ARR, acquires MBI to expand services
Monarch, a personal finance platform, announced it has achieved $100 million in annual recurring revenue (ARR) and acquired MBI, formerly HMBradley. The acquisition aims to accelerate the company's growth and service expansion.
San Francisco – October 1, 2026 – Monarch, an all-in-one personal finance platform, announced today it has reached $100 million in annual recurring revenue (ARR) and acquired MBI, formerly HMBradley. This financial milestone will enable Monarch to further invest in its mission to improve users' financial health.
The MBI team brings a decade of experience in consumer finance and infrastructure development. Their expertise is expected to support Monarch's plans to expand the products and services offered to its over one million members. Monarch aims to provide users with a clear view of their finances, helping them understand their money and plan for the future.
This acquisition and the ARR achievement are part of Monarch's 2026 growth initiatives. These also include surpassing one million active users and the launch of a premium tier, Monarch Plus. The company stated its goal is to be a comprehensive financial hub for its members.
MBI's co-founder and CEO, Zach Bruhnke, will lead Monarch Labs, focusing on exploring new growth areas and products. This initiative is intended to allow Monarch to rapidly move from exploration to development, integrating more financial tools and services into its platform.