Monzo has secured a fresh round of funding that has boosted its valuation to $5bn, as the London-based fintech prepares a second attempt to break into the US market. https://on.ft.com/3Im4U5U
Bravo Monzo Bank
Ridiculous dilution of 8.6%, but kodus to Monzo Bank for being one of the prominent choice for the users across UK market
👏🏿
Boom!
Congrats TS.
Founder | Converge
4moI love those paper valuations on theoretical DCFs extrapolation and rounds of funding. A startup app to manage your savings worth 5bn USD. Absurd QE money printing did that.