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November 21, 2024
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Angel / Venture Digital Transformation Software and Hi-Tech United Kingdom

VCs support USD 475m first close of Monzo's latest round

VCs support USD 475m first close of Monzo's latest round

New and existing investors have backed a USD 475m first close for the latest funding round of UK-based digital bank Monzo, valuing the company at USD 4.5bn; the company is expected to raise more than USD 500m in total.

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