Monzo Series funding round with Tencent participation
Monzo raised $500M Series funding round (top-up) led by Tencent, Abu Dhabi Growth Fund on January 1, 2022.
- Primary
- Monzo
- Counterparty
- Tencent, Abu Dhabi Growth Fund
- Amount
- $500M
- Structure
- Series funding round (top-up)
- Date
- January 1, 2022
- Sub-sector
- Neobank
Tencent invests in UK neobank as part of $500M round led by Abu Dhabi Growth Fund, signaling confidence in Monzo's recovery post-pandemic and expanding Tencent's fintech portfolio.
Source: techstory.in