Monzo raised £340M in a funding round led by CapitalG, with participation from GV and HSG, to accelerate expansion plans and increase post-money valuation to £4 billion.
Amount Raised
£340 Million
Round Type
Funding Round
Investors
Description
Monzo, the UK's largest digital bank, raised £340 million in a funding round to boost its expansion plans, led by CapitalG, with participation from GV, HSG, Passion Capital, and Tencent. The round values Monzo at an increased post-money valuation of £4 billion.
Quick answer
Monzo raised £340 Million in a Funding Round round, dated March 5, 2024. Investors: Hong Shan, GV, Tencent, Passion Capital and Capital G.
- How much did Monzo raise?
- Monzo raised £340 Million in a Funding Round round on March 5, 2024.
- Who invested in Monzo?
- Hong Shan, GV, Tencent, Passion Capital and Capital G are named as investors in this round.
- What does Monzo do?
- At Monzo, we’re building a new kind of bank.
- Who are the decision-makers at Monzo?
- Fundz holds 1 contact at Monzo. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending around the same time
Companies in the same sectors as Monzo that raised within 45 days of this round, from Fundz verified event records.
- Blue Ridge Bankshares raised $150M on April 3, 2024.
- Blue Ridge Bankshares raised $150M (Post-IPO Equity) on April 3, 2024.
- Constantinople raised $50M (Series A) on April 1, 2024.
- Fidelity BancShares (N.C.) raised $6M (Seed) on April 1, 2024.
- Aye Finance raised $137M (Debt Financing) on March 27, 2024.
- Akulaku raised $100M (Funding Round) on March 25, 2024.
Who to call at Monzo, and when
A new round usually means Monzo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Monzo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Monzo, from your own LinkedIn network
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Fundz sees it the moment Monzo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Monzo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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