The France international's performances for Monaco last season persuaded Pep Guardiola's side to part with £52m in order to sign the defender, who registered five assists in 25 Ligue 1 appearances last season.
The full-back has put pen to paper on a contract with the Premier League giants until the summer of 2022 and has been handed the number 22 shirt.
Gael Clichy and Alexander Kolarov who went to Rome were the only two left backs on the team, and the Citizens didn't have any player in the rotation for this position.
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He uses his physicality and impressive ball-winning skills to fend off attacks, and going forward he makes full use of his pace to get in unsafe positions and put opponents on the back foot.
The 26-year-old will now link up with City on their pre-season tour of the United States after agreeing personal terms and passing his medical.
"Sergeant Pep" is the nickname given to City manager Pep Guardiola by former Oasis lead singer Liam Gallagher, and few would doubt the Catalan's ability to marshal Mendy's talents to the next level. "For such a young player, he has a wealth of top-level experience", he said.
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Another target, AS Monaco's Benjamin Mendy, is also set to move to Etihad, and while the Blues have not given up hope of signing Alex Sandro, they will pursue alternate options as well. Every year I want to improve.
"They belong to the same football family and I think that can only be beneficial for me and the rest of the division as well".
New Manchester City signing Benjamin Mendy is confident he is the right man to join the most expensively-assembled defence in history.
Mendy was the third major player in Monaco, who left the club.
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