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  • Monzo lands $475m round of funding
Banks, DealsDecember 9, 2021December 9, 2021

Monzo lands $475m round of funding

Digital neobank pioneer Monzo has closed a huge new round of funding, at a valuation more than 200 per cent higher than the last time it raised cash in 2020. 

Monzo raised $475m from new investors including Abu Dhabi Growth Fund, the sovereign investment arm of the government of the United Arab Emirates.

Read more: AltFi

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