British Neobank Monzo Raises $93M in Funding

UK-based digital bank Monzo raises £71M Series D at £280M post-money valuation led by Goodwater Capital 

Monzo: Today, we’re excited to announce we have closed our latest fundraising round, raising £71 million from Goodwater Capital, Stripe and Michael Moritz, through his charitable investment vehicles including the Crankstart Foundation. They join our existing investors Passion Capital, Thrive Capital and Orange Digital Ventures, who have each made follow-on investments.

This is an incredible endorsement of our strategy so far, and we’re so excited about the opportunities this investment unlocks. Ultimately, this means we can continue the growth we’ve seen so far into 2018 and build on our mission to bring Monzo to as many people as possible, in the UK and beyond!

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