Thanks for sharing this Danny
There’s a couple of things worth highlighting in this article -
The combined round pegs Monzo at a pre-money valuation of £65 million.
Up from 50m when the last round was raised.
The startup has raised £19.5 million from U.S.-based Thrive Capital, London’s Passion Capital, and Orange Digital Ventures, the venture arm of telco Orange. They are investing £13 million, £5 million, and £1.5 million, respectively.
The new combined funding … will bring [the] total raised to £35 million
Are Monzo Independent?
Announcing Our £22m Investment Round and Crowdfunding!
Crowdcube investors - regular updates 📬
Maintain our participation ( resist dilution )
:newspaper: Telco Orange to open bank next month - The Register
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