$430M
The funding round was led by CapitalG with backing from GV and Tencent.
M
Monzo
Monzo provides digital banking services through a mobile application.
London, UK—Founded 2015
$2.0BTotal raised
Monzo operates a digital mobile bank offering financial services through a smartphone application.
Categories
Founders
Tom Blomfield
CEO and 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.
LinkedIn
Gary Dolman
Gary co-founded Monzo Bank and now advises startups, including Antler. He holds non-executive and advisory roles across several companies.
LinkedIn
Jonas Huckestein
Jonas co-founded Monzo Bank and founded HipDial. He brings engineering and startup operating experience.
Jason Bates
Jason co-founded Monzo Bank and 11:FS, where he currently serves as deputy CEO. He also holds non-executive director and advisory roles across banking and financial technology.
LinkedInInvestors
- $430M
- £500M
- $430M
- £360M
- £60.0M
- £60.0MY CombinatorFollow-on
General CatalystFollow-on
AccelFollow-on
SStripeFollow-onGGoodwaterFollow-onTThriveFollow-onPassionFollow-on
- £113M
- £2.5M
Funding history
£500M
The digital bank is securing capital from high-profile backers to fuel its ongoing expansion.
$430M
Alphabet's CapitalG led the $430m round, pushing the digital bank's valuation to $5bn.
£360M
The Series H round was led by Abu Dhabi Growth Fund ADG to support rapid expansion and product development.
£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.
£2.5M
The digital bank secured backing from over 6,500 crowd investors alongside venture capital firms.