Announced
Completed
Financials
Sources
Tags
Cross Border
Completed
FinTech
Friendly
Private Equity
Venture Capital
Private
Minority
digital bank
Acquisition
United Kingdom
fintech
United States
Synopsis
Abu Dhabi Growth Fund, a sovereign wealth fund of Abu Dhabi, led a $600m funding round in Monzo, a digital bank. Additional investors include Coatue, Alpha Wave Ventures, Accel, Goodwater and Tencent Holdings. ` “This round comes off the back of a fantastic year for Monzo. We’ve seen record revenues, launched new products and tools and continued to top the charts for our services. We’ve hired some incredible talent," TS Anil, Monzo CEO.
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