A profile of Stripe and Y Combinator-backed digital bank Monzo, which has $1.6B+ in customer deposits, 3.8M customers, and says 40K are signing up every week
and how, years after he started the digital bank, the Valley never really left him. @monzo @t_blom @CNBCi https://www.cnbc.com/... Thanks: @ryan_browne_
UK-based digital bank Monzo launches in the US, says it doesn't have its own US banking license and won't be lending US customers money
Tom Warren / The Verge :
UK-based digital bank Monzo launches in the US, says it doesn't have its own US banking license and won't be lending US customers money
Monzo's mobile-only bank has helped revolutionize British spending — British mobile-only bank Monzo is making its way across the pond to the US today.
UK-based digital bank Monzo has raised £85M, or ~$108M, Series E from investors including General Catalyst and Accel, at a valuation of £1B, or ~$1.2B
worth £1 billion pre-money — signing up 100,000 customers a month — making £4 for every new account it opens, vs. £35 loss at the start of the year Pretty incredible for a 3-year-old startup: http://u...
Sources: UK-based digital bank Monzo is raising $150M in its latest funding round, which is expected to value the bank as high as $1.5B
Martin Arnold / Financial Times :
Sources: UK-based digital bank Monzo is raising $150M in its latest funding round, which is expected to value the bank as high as $1.5B
Monzo, the British digital bank popular with millennials, is set to become the latest European fintech “unicorn” with a fresh round of fundraising expected …
UK-based digital bank Monzo launches an integration with IFTTT, letting users connect their account with hundreds of apps and services
Matt Reynolds / WIRED UK :
UK-based digital bank Monzo raises £71M Series D at £280M post-money valuation led by Goodwater Capital
Steve O'Hear / TechCrunch :