Monzo confirms $4.5bn valuation after closing new $500m round

Monzo, one of Britain's first digital banks, has closed a $500m round at an increased valuation of $4.5bn, the company has confirmed.

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Monzo leadership hierarchy chart — Monzo’s top ranks — now seven years in, it’s under a new steward in CEO TS Anil

Monzo confirms $4.5bn valuation after closing new $500m round

The fundraise offers a vote of confidence in the neobank, which had a turbulent 2020

Fintech newsletter

Monzo confirms $4.5bn valuation after closing new $500m roundself.__wrap_b(":R1actq6:",0.7)

The fundraise offers a vote of confidence in the neobank, which had a turbulent 2020self.__wrap_b(":R1qctq6:",1)

Fintech newsletter

Monzo confirms $4.5bn valuation after closing new $500m round

The fundraise offers a vote of confidence in the neobank, which had a turbulent 2020