The Series H round was led by Abu Dhabi Growth Fund ADG to support rapid expansion and product development.
M
Monzo
Monzo provides digital banking services through a mobile application.
London, UK
£593MTotal raised
Monzo operates a digital banking platform that provides financial services and mobile banking tools. The business offers a centralised application designed to manage personal finances.
Categories
Founders

Tom Blomfield
founder
Tom previously served as CEO and President of Monzo Bank, following earlier roles at Grouper. He later held positions at Y Combinator and Anthropic.
LinkedInInvestors
- £360M
- £60.0M
- £60.0MY CombinatorFollow-onGeneral CatalystFollow-on
AccelFollow-on
SStripeFollow-onGGoodwaterFollow-onTThriveFollow-onPassion CapitalFollow-on
- £113M
Funding history
£360M
£60.0M
The digital bank secured £60m from new and existing backers, bringing its total funds raised this year to £125m.
£60.0M
The digital bank has raised roughly £60m from a syndicate of existing and new investors.
£113M
The digital bank raised the capital from backers including Latitude and Stripe, pushing its valuation past £2bn.
