Wednesday, October 31, 2018

UK-based digital bank Monzo has raised £85M, or ~$108M, Series E from investors including General Catalyst and Accel, at a valuation of £1B, or ~$1.2B (Oscar Williams-Grut/Yahoo! Finance)

Oscar Williams-Grut / Yahoo! Finance:
UK-based digital bank Monzo has raised £85M, or ~$108M, Series E from investors including General Catalyst and Accel, at a valuation of £1B, or ~$1.2B  —  Senior City Correspondent, Yahoo Finance UK  —  Fast-growing UK startup bank Monzo is now worth £1bn ($1.2bn), just three years after launching.



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