News

February 8, 2021

Monzo taps investors for third time since start of pandemic with £50m raise

The UK challenger bank Monzo is finalising a £50m funding extension from a new Silicon Valley investor.


Ryan Weeks

2 min read

TS Anil, the CEO of Monzo, which is reportedly in M&A talks with smaller neobank rival Lunar.

British digital banking startup Monzo is set to tap investors for a third time since the start of the pandemic, topping up a round that began in the summer of last year with another £50m.

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