Monzo plots US return as fresh funding secures £4bn valuation

Monzo has raised £340 million in a fresh round of funding which values the neobank at almost £4 billion. The round, led by Alphabet’s investment fund CapitalG and Chinese venture capital investor HongShan, will see it take a second crack at the US market after it withdrew from a previous North American launch in 2021. … Continue reading Monzo plots US return as fresh funding secures £4bn valuation