Monzo, the UK challenger bank with 9 million customers, raises $430 million

London-based fintech company Monzo raised a late stage funding round of $430 million (£340 million), confirming a report from the Financial Times from a few weeks ago. Following this round, the company has reached a post-money valuation of $5 billion (£4 billion). Founded in 2015, Monzo provides UK current accounts, debit cards and several financial […]

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