Orange Digital Ventures has supported a $24.5m funding round ahead of a $3.1m equity crowdfunding campaign.
UK-based mobile-first bank provider Monzo has raised £19.5m ($24.5m) from investors including Orange Digital Ventures, the corporate venturing arm of mobile phone company Orange.
Thrive Capital and Passion Capital also contributed to the round, which will be extended through a £2.5m equity crowdfunding campaign in mid-March.
Founded in 2015 as Mondo, the company enables users to open and manage a bank account entirely through a mobile app. The money will be used to launch full-fledged current accounts this summer and…
