Monzo, the UK challenger bank, picks up additional £60M in funding

Monzo, the U.K. challenger bank now with more than 4.8 million customers, has closed another £60 million in funding, priced the same as and effectively an extension of its previous top-up round in June. This saw Monzo valued by private investors at around £1.2 billion, marked by industry observers as a down round. It was … Continue reading Monzo, the UK challenger bank, picks up additional £60M in funding