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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.
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- NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA Read more
- COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure Read more
- Regional Openness and the Shift to Cloud Processing Read more
- TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management Read more
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
Rogo Raises $160M Series D to Scale the Agentic Platform for Finance
Rogo, the AI platform purpose-built for finance, today announced it has raised $160 million in Series D funding led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic and Positive Sum. The Series D brings Rogo’s total funding to more than $300 million and positions Rogo to accelerate the company’s global expansion, deepen its partnerships with the world’s leading financial institutions, and scale its AI agent, Felix.
Ebury, Santander’s International Payments Fintech, Secures C.£550 Million to Accelerate Growth and Global Expansion
Santander has agreed to participate in c.£550 million funding rounds for Ebury, its global fintech platform focused on cross-border payments and international trade solutions
Performativ Raises $14m Series A Led by Large European Financial Infrastructure Provider
Performativ has raised $14 million in a Series A funding round, led by Deutsche Börse Group
Tenzo Secures $5m Series A Extension to Scale Real-time Data and AI for Hospitality Operators
Tenzo, the real-time data and analytics platform for hospitality operators, has secured a $5m first close of its Series A extension round. The round is led by Edge.vc, with participation from existing investors Amadeus Capital Partners and YourVC, alongside Frontive Holdings, one of Tenzo’s customers.
Goldman Sachs Alternatives Announces Strategic Investment in Kashable, Leading the Company’s Series C Equity Round
Kashable announced a $60 million Series C funding round, led by Sustainable Investing at Goldman Sachs Alternatives
CFIT Secures Huge Vote of Confidence with New Public and Private Funding to Drive UK Financial Innovation
CFIT has today announced new funding commitments from both HM Treasury and NatWest Group and reinforcing its role at the centre of the UK’s financial innovation ecosystem.
SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia
SUNRATE, the global payment and treasury management platform, announced that it has been granted a Class B licence under the Money Services Business Act 2011 by Bank Negara Malaysia, marking a significant milestone in the company’s continued expansion.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure
COINPAYMENTS, a leading global digital payments infrastructure provider, has announced a landmark alliance with duPont REGISTRY Group, the world’s premier, high-tech luxury automotive ecosystem, to power digital payment capabilities within its next-generation duPont REGISTRY digital marketplace.
Regional Openness and the Shift to Cloud Processing
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TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management
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Atos Selected by LCH SA to Migrate its Financial Information Systems to the Cloud
Atos, a global leader of AI-powered digital transformation, announces it has signed a three-year contract with LCH SA, the global clearing house based in Paris, to assist LCH SA with the migration of its financial information systems on a highly secure, SecNumCloud-qualified cloud infrastructure, while guaranteeing full continuity of operations.
KAST Appoints Former SEC Official to Lead Policy Communications as Company Targets US Market Growth
KAST, the global financial platform built on stablecoin rails, announced today that Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission, has joined the company as Head of Corporate and Policy Communications.