Monzo, the UK digital bank, reaches a valuation of $5 billion following its latest funding round (Business Opportunities - Other Business Ads)

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Monzo, the UK digital bank, reaches a valuation of $5 billion following its latest funding round
In this week’s global payments news roundup, Monzo secures a significant investment of $430 million to fuel its expansion plans in the U.S., with Alphabet’s CapitalG among the key investors. This infusion brings Monzo’s valuation to $5 billion, marking a remarkable turnaround from its previous valuation of $2 billion in 2022. Monzo, which achieved profitability in 2023, aims to renew its U.S. market ambitions, this time seeking a partnership instead of pursuing a banking license.
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Target State: All States Target City : Carlsbad Last Update : Mar 21, 2025 3:33 AM Number of Views: 18	Item Owner : fortuneviews Contact Email: (None) Contact Phone: (None)

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2025-04-22 (0.392 sec)