monzo Archives - GenixPlay Studios

UK neobank Monzo hits $5.9B valuation with secondary market sale

Monzo is now valued at $5.9 billion after the U.K.-based challenger bank announced a secondary market share sale to provide liquidity for its employees. The transaction saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially rewards employees for getting […]

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$450M for Noname, two billion-dollar rounds, and good news for crypto startups

Cypto / Sasandara Dilmina

Good news, crypto founders! Venture capital activity is picking up in the sector, recovering from the multiyear lows investments fell to in late 2023. Put another way, venture folk appear more bullish on web3 than they used to be not very long ago. But that was hardly the only news item we had to dig

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UK challenger bank Monzo nabs another $190M as US expansion beckons

Fintech / Sasandara Dilmina

Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S. The new round comes just two months after Monzo raised £340 million ($425 million), meaning the London-based company has now raised north of $610 million in 2024, and $1.5 billion since its

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