London-based digital bank Allica, which caters to over 30K SMBs across the UK, raised a $155M Series D from Ventura Capital and others at a $1.2B valuation
The funding comes from Ventura Capital, GLG, Sona AM and existing investors TCV and Blue Owl — Allica Bank has become Europe's newest unicorn …
Mexico City-based digital bank Klar raised a $190M Series C led by General Atlantic, including $170M in equity and $20M in debt, valuing the startup at $800M+
Bloomberg :
UK digital bank Monzo raised $430M led by Alphabet's CapitalG at a $5B valuation, up from $4.5B in December 2021, and plans to use funds to expand in the US
London-based digital bank raised $430mn from investors including CapitalG and HongShan — Monzo has secured a fresh round …
UK digital bank Monzo launches Investments, letting users invest as little as £1 in some BlackRock-managed funds, its first foray into the investment market
Ryan Browne / CNBC :
Mexico City-based digital bank Klar raises $70M led by General Atlantic at a $500M valuation, following a $70M Series B in July 2021
Mary Ann Azevedo / TechCrunch :
Sweden-based digital bank Northmill raises $30M led by M2 Asset Management
Northmill Bank, the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. — Leading the round is M2 Asset Managemen...
Calgary-based digital bank Neo Financials raises a total of $50M CAD, including a $25M CAD Series A led by Peter Thiel-backed Valar Ventures
Meagan Simpson / BetaKit :
NorthOne, a New York-based digital bank that provides a banking app for small businesses, announces a $21M Series A raise led by Battery Ventures
Mary Ann Azevedo / Crunchbase News :
Revolut, a UK-based digital bank and payments company, raises $500M led by TCV at a $5.5B valuation, up 3x from April 2018, bringing its total raised to $836M
- Revolut has raised $500 million in a funding round led by TCV, an early investor in Facebook and Netflix.
Sources: Nubank, a Brazil-based digital bank, is raising $400M led by TCV in a deal that would value the company at more than $10B
Wall Street Journal :