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Monzo in talks to raise £300m in new funding at £3bn valuation
source link: https://fintechranking.com/2021/10/26/monzo-in-talks-to-raise-300m-in-new-funding-at-3bn-valuation/
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Monzo in talks to raise £300m in new funding at £3bn valuation
Monzo, one of Britain’s most prominent standalone digital banks, is in detailed talks to raise hundreds of millions of pounds at a sharply higher valuation despite a string of setbacks which have included curtailing its expansion in the US.
The company is in discussions with a number of investors about raising at least £300m in new funding, according to Sky News.
Read more: Sky News
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