LATEST ROUND
Series I
$187.2M · 2024-05-08
RAISED ON RECORD · USD
$1.51B
across 7 verified rounds · plus 1 round still being checked
INVESTORS
23
6 leads
SOURCES
9
from 4 publishers
1 source
Valuation none read as £4.1 billion ($5.2 billion) (techcrunch.com)
The article describes this as an extension of the Series I round; its £150 million ($190 million) figure is treated as the extension’s new money, not the earlier tranche.
Published by hand (techcrunch.com): "Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.": contemporaneous TechCrunch article on the company's announcement
1 source
The source names GV, HongShan Capital, Passion Capital, and Tencent as participating investors, while identifying CapitalG as the lead.
Published by hand (techcrunch.com): "London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million)": brand backfill: the row's own page states the round
2 sources
The source says $475 million was raised at first closing, with a second close expected to make the financing round $500 million+; the latter is used as the announced round amount.
Published by hand (reuters.com): "The bank has closed the first $475 million injection, with a second close expected within a couple of weeks to take the total raised above $500 million.": Reuters on the company's announcement of the first close
1 source
Valuation none read as £1.24 billion (techcrunch.com)
Published by hand (techcrunch.com): "Monzo has confirmed it has closed £60 million in top-up funding.": brand backfill: the row's own page states the round
1 source
The source identifies Monzo as U.K.-based but does not state a headquarters city.
Published by hand (techcrunch.com): "Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding.": brand backfill: the row's own page states the round
1 source
Published by hand (techcrunch.com): "Monzo, the U.K. challenger bank that now boasts more than a million customers, has raised £85 million in Series E funding.": brand backfill: the row's own page states the round
1 source
Valuation none read as £280 million ($336 million) (businessinsider.com)
The page metadata says 2017-11-07, but the article's dateline is Nov. 6; the dateline fixes the announcement day.
Published by hand (businessinsider.com): "Startup bank Monzo raised £71 million ($93 million) in a new financing round, doubling its valuation since its last fundraising round in February.": brand backfill: the row's own page states the round
1 source
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The article says an additional £2.5 million crowdfunding raise was planned, not completed; the valuation applies to the combined round including that planned raise.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Series I [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $187.2M £150 million ($190 million) at £4.1 billion ($5.2 billion) post-money valuation | 2024-05-08 | not stated | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
Valuation none read as £4.1 billion ($5.2 billion) (techcrunch.com) The article describes this as an extension of the Series I round; its £150 million ($190 million) figure is treated as the extension’s new money, not the earlier tranche. Published by hand (techcrunch.com): "Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.": contemporaneous TechCrunch article on the company's announcement | ||||
| Growth late-stage funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $430M at $5 billion post-money valuation | 2024-03-05 | CapitalG | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
The source names GV, HongShan Capital, Passion Capital, and Tencent as participating investors, while identifying CapitalG as the lead. Published by hand (techcrunch.com): "London-based fintech company Monzo raised a late-stage funding round of $430 million (£340 million)": brand backfill: the row's own page states the round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Series H ext. [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $475M at $4.5 billion valuation | 2021-12-08 | Abu Dhabi Growth Fund | No recent discussion |
2 sources [ VERIFIED ] read against 1 of 2 sources
The source says $475 million was raised at first closing, with a second close expected to make the financing round $500 million+; the latter is used as the announced round amount. Published by hand (reuters.com): "The bank has closed the first $475 million injection, with a second close expected within a couple of weeks to take the total raised above $500 million.": Reuters on the company's announcement of the first close [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]2 pages read: reuters.com, taylorwessing.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 of 2 sources·[ BRANDING ]logo and colour from the homepage | ||||
| Down round ext. down round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $75.9M £60 million | 2020-06-16 | not stated | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source Valuation none read as £1.24 billion (techcrunch.com) Published by hand (techcrunch.com): "Monzo has confirmed it has closed £60 million in top-up funding.": brand backfill: the row's own page states the round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Series F [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $144.1M £113 million (~$144m) | 2019-06-24 | Y Combinator, Y Combinator Continuity | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
The source identifies Monzo as U.K.-based but does not state a headquarters city. Published by hand (techcrunch.com): "Monzo, the fast-growing U.K.-based challenger bank with more than two million account holders, has raised £113 million (~$144m) in additional funding.": brand backfill: the row's own page states the round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Series E [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $108.4M £85 million at £1 billion (~$1.27b) pre-money valuation | 2018-10-30 | General Catalyst, Accel | No recent discussion |
1 source [ VERIFIED ] read against 1 source Published by hand (techcrunch.com): "Monzo, the U.K. challenger bank that now boasts more than a million customers, has raised £85 million in Series E funding.": brand backfill: the row's own page states the round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]confirmedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $93.1M £71 million ($93 million) at £280 million ($336 million) valuation | 2017-11-06 | not stated | No recent discussion |
1 source [ VERIFIED · CORRECTED ] read against 1 source
Valuation none read as £280 million ($336 million) (businessinsider.com) The page metadata says 2017-11-07, but the article's dateline is Nov. 6; the dateline fixes the announcement day. Published by hand (businessinsider.com): "Startup bank Monzo raised £71 million ($93 million) in a new financing round, doubling its valuation since its last fundraising round in February.": brand backfill: the row's own page states the round [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: businessinsider.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||
| Funding round [ HISTORY ]: An earlier round, from the company's own announcement, found while researching the company. Checked like any round, but not new, so it stays out of the daily feed and alerts; a date range shows it. | $24.3M £35M financing total £19.5M | 2017-02-22 | not stated | No recent discussion |
1 source [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 source The article says an additional £2.5 million crowdfunding raise was planned, not completed; the valuation applies to the combined round including that planned raise. [ BUILT WITH ]·[ SEARCH ]found by Firecrawl search·[ SCRAPE ]1 page read: techcrunch.com·[ JSON ]round read into a schema, with the sentence that states it·[ VERIFY ]correctedchecked against 1 source·[ BRANDING ]logo and colour from the homepage | ||||