Monzo, the UK challenger bank with 9 million customers, raises $430 million

finangel · March 6, 2024, 5:20am

Originally published at: Monzo, the UK challenger bank with 9 million customers, raises $430 million – We Never See Nothing

London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides U.K. current accounts, debit cards and several financial products […]