UK neobank Monzo raised $190M at a $5.2B valuation, up from $5B in March 2024 after raising $430M, and plans to use the funds for its international expansion (Ryan Browne/CNBC) 08-05-2024

Ryan Browne / CNBC:
UK neobank Monzo raised $190M at a $5.2B valuation, up from $5B in March 2024 after raising $430M, and plans to use the funds for its international expansion — Monzo CEO TS Anil. — British neobank Monzo said Wednesday that it’s raised another $190 million, lifting the total it’s raised so far this year to $610 million.