FF News Logo
Friday, October 10, 2025
ITC Vegas

Monzo Raises Additional $190 Million

Today, the UK’s largest bank, Monzo announces it has raised an additional $190m (£150m), adding to its $430m (£340m) funding round in March, earlier this year. Bringing the total raised in this round to $610m (~£500m).

The additional $190m (£150m) was raised from new and existing investors, Capital G, Alphabet’s independent growth fund, invested again, alongside Hedosophia, this now values the company at an increased post-money valuation of $5.2bn (£4.1bn).

TS Anil, CEO of Monzo: “The huge interest we see from global investors is testament to the momentum and strength of our business model and the commitment of our teams, who put our customers at the heart of everything we do. With even more rocketfuel for our ambitions and exciting products in the pipeline, there’s no doubt in my mind that the best of Monzo is yet to come.”

The new capital will be used to accelerate Monzo’s expansion plans following a year of record growth that saw the company move into profitability, attract millions more customers, and launch a range of new products.

People In This Post

Companies In This Post

  1. EXCLUSIVE: “Passion Project” – Brice van de Walle, Mastercard in ‘The Fintech Magazine’ Read more
  2. FreedomPay Drives Global Merchant Innovation Read more
  3. FIS Brings AI-Powered Advancements to Seamless, Personalized Digital Banking Experiences Read more
  4. Citi Ventures Invests in BVNK to Power the Next Generation of Financial Infrastructure Read more
  5. Nearly Two-Thirds of Global Retailers Say Payment Method Flexibility Drives Revenue Growth, ACI Worldwide Survey Finds Read more
ITC Vegas