7 years ago

Monzo Raises €95 Million to Expand Fintech Services

  • UK fintech startup Monzo raises €95 million in a Series E round led by General Catalyst and Accel, valuing the company at €1.1 billion

  • The fresh capital will be used to expand further and develop more tools that give customers control of their finances.

      • ProblemFinancial Services

      "Traditional banks are slow, expensive, and don't offer the features that people need in the digital age."

      Solution

      "Monzo is a mobile-first bank that offers a simple, transparent, and affordable way to manage your money. It has features like instant notifications, budgeting tools, and the ability to send and receive money instantly."

      Covered on