8 months ago
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Alphabet’s CapitalG fund among investors understood to be taking stake in company founded in 2015
Monzo is set to clinch another £350m in funding from investors, including a fund owned by Google’s parent company Alphabet, signalling a vote of confidence in the UK digital bank that could push its valuation to £4bn.
The bank, known for its hot coral coloured debit cards, was last valued at $4.5bn (£3.5bn), after a $600m fundraising in late 2021.
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