Seeking funding
Finance
Monzo in Talks With DE Shaw for Funding Round of at Least £300 Million
Stockwhiz
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Monzo is in talks with DE Shaw & Co to lead a funding round of at least £300 million, according to Sky News. The proposed raise could reach £500 million at a pre-money valuation of around £7 billion, with terms not yet final.
- Seeking
- £300 million
- Investor
- 1
- Investors
- DE Shaw & Co
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Quick Answers
What is the latest news about Monzo?
Monzo is in talks with DE Shaw & Co to lead a funding round of at least £300 million, according to Sky News. The proposed raise could reach £500 million at a pre-money valuation of around £7 billion, with terms not yet final.
What does Monzo do?
Monzo is a London bank. Its co-founders include Tom Blomfield.
How much is Monzo looking to raise?
Monzo is seeking £300 million.
Who invested in Monzo?
Investors named in this round include DE Shaw & Co.
Where is Monzo based?
Monzo is based in England.
Who are the key people at Monzo?
Key people named in this report: Diana Layfield (Group CEO).