£60.0M
The digital bank has raised roughly £60m from a syndicate of existing and new investors.
M
Monzo—London, UKY Combinator + 9 others
Portfolio
1
companies
The digital bank has raised roughly £60m from a syndicate of existing and new investors.
The digital bank raised the capital from backers including Latitude and Stripe, pushing its valuation past £2bn.
"We’ve seen [this approach] in other products such as social networks or consumer apps, but it’s unheard of in banking."