Monzo confirms £60M down round, with a new pre-money valuation of £1.24B

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Monzo confirms £60M down round, with a new pre-money valuation of £1.24B
Monzo, the U.K. challenger bank with more than 4 million customers, has confirmed it has closed £60 million in top up funding. Backing the round are existing investors Y Combinator, General Catalyst, Accel, Stripe, Goodwater, Orange, Thrive, Passion Capital, along with new investors Reference Capit…
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