UK challenger bank Monzo nabs another $190M as US expansion beckons

UK challenger bank Monzo nabs another $190M as US expansion beckons

a week ago
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https://techcrunch.com/2024/05/08/uk-challenger-bank-monzo-nabs-another-190m-at-5-2b-valuation/

Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S.

The new round comes just two months after Monzo raised £340 million ($425 million), meaning the London-based company has now raised north of $610 million in 2024, and $1.5 billion since its inception nine years ago.