Neobank Monese nabs $35M from HSBC
source link: https://fintechranking.com/2022/09/21/neobank-monese-nabs-35m-from-hsbc/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
Neobank Monese nabs $35M from HSBC
Monese, the London-based fintech that provides digital banking and remittance services to consumers and businesses across Europe, has raised $35 million from global banking giant HSBC.
Founded in 2013, Monese is one of several so-called “challenger” banks to emerge from the U.K. capital, serving customers with a range of online-only services including standard cash accounts, savings and international money transfers. Other notable players in the space include Revolut, which hit a hefty $33 billion valuation last year; Monzo, which is now valued at $4.5 billion; Starling Bank, which recently increased its valuation to $2.9 billion; and Wise, which went public last year and now has a market cap of nearly $6 billion.
Read more: TechCrunch
Recommend
About Joyk
Aggregate valuable and interesting links.
Joyk means Joy of geeK