Funding Round · Neobank · 2020

Monzo £60M funding round extension

Monzo raised $76M Series funding extension/top-up round led by Novator, Kaiser, TED Global, Goodwater on December 2, 2020.

Primary
Monzo
Counterparty
Novator, Kaiser, TED Global, Goodwater
Amount
$76M
Structure
Series funding extension/top-up round
Date
December 2, 2020
Sub-sector
Neobank

Monzo raises £60M in extension round at £1.2B valuation, bringing 2020 total to £125M despite COVID headwinds, while scaling to 4.8M customers and expanding business banking.

Primary company
Monzo
Amount
$76M
Event date
December 2, 2020
Sub-sector
Neobank
HQ
Not disclosed
Structure
Series funding extension/top-up round
Source published
December 2, 2020
Publisher
TechCrunch

Source: techcrunch.com