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Abu Dhabi Growth Fund led a $600m funding round in Monzo.

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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