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British digital bank Monzo is expected to complete financing

October 26, 2021
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According to news on October 27, people familiar with the matter said that the British digital bank Monzo is conducting a new round of financing negotiations and is expected to complete approximately US$400 million in financing at a valuation of more than US$4 billion.

The company hired FT Partners, an investment bank focused on financial technology, to manage this round of financing. Monzo declined to comment.

Its existing investors include Y Combinator, General Catalyst, Accel, Stripe, Thrive Capital, Orange Ventures, Goodwater Capital, Novator, Kaiser and TED Global.

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