Tag: Monzo

Key European FinTech investment stats in Q1 2024: • European FinTech deal activity totalled at 333 deals in Q1 2024, a 41% reduction from the...

• UK FinTech deal activity totalled at 118 deal in Q1 2024, a 40% drop from Q1 2023 • UK FinTech companies raised a combined...

In a significant development within the FinTech sector, the digital bank Monzo is reportedly on the verge of enhancing its financial and global stature through a strategic stake sale.

Monzo, the UK's largest digital bank, boasting over nine million customers, has closed a funding round, raising $430m.

Monzo is on the brink of securing a new funding round that could see the British digital bank's valuation soar to approximately £4bn.

Prosper, a leading WealthTech platform, has closed its crowdfunding campaign, surpassing its initial targets to secure over £1m.

Monzo, the UK-based digital challenger bank, has made a significant move in its quest to establish a stronger foothold in the US market.

According to PitchBook, the stock prices of public FinTech companies have shown a quicker recovery than the broader market. In the second quarter, these...

Monzo has unveiled an investments feature, that will enable its customers to put as little as £1 into a choice of multi-asset funds. The British...

Ex-Monzo executives, Joss Tasker and Alex Fox, have marked the inception of their latest FinTech venture, Sync Savings. The dynamic duo is setting out to address challenges faced by the UK's cash savings sector, a market that has been in need of innovation for a considerable period.