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5 results for "Monzo"
Deal Feed5
Deal FeedOct 30, 2018
Monzo Raises £85M Series E Reaching Unicorn Status
UK challenger bank Monzo raised £85M (~$108M) in a Series E round led by General Catalyst and Accel, with participation from Thrive Capital and Stripe. The round valued Monzo at over $1.2 billion, mak...
MonzoGeneral CatalystAccelThrive Capital
Deal FeedApr 20, 2020
Monzo Files De Novo National Bank Charter Application with OCC
UK challenger bank Monzo submitted a 96-page de novo national bank charter application to the OCC on April 20, 2020, planning a San Francisco headquarters for FDIC-insured deposits. The approval proce...
MonzoOffice of the Comptroller of the Currency (OCC)
Deal FeedJun 13, 2019
Monzo Partners with Sutton Bank for US Market Entry
UK digital bank Monzo partnered with FDIC-insured Sutton Bank to offer banking services in the US while pursuing its own charter. The partnership allows Monzo to provide deposit accounts to US custome...
MonzoSutton Bank
Deal FeedMay 1, 2020
NCRC Opposes Monzo's US Bank Charter Application at OCC
The National Community Reinvestment Coalition submitted comments opposing Monzo's OCC bank charter application, citing inadequate CRA plans and fair lending commitments. Monzo had applied in April 202...
MonzoOCCNCRC
Deal FeedJun 1, 2019
UK Challenger Bank Monzo Closes $144M Series F at $2.5B Valuation
Monzo, the UK-based digital challenger bank, closed a $144 million Series F round led by Y Combinator, bringing its valuation to $2.5 billion. Existing investors General Catalyst, Accel, Passion Capit...
MonzoY CombinatorGeneral CatalystAccel