The challenger bank's Orange and Stripe-backed series G has been boosted by new funding at the same $1.57bn valuation.
UK-based digital bank Monzo secured £60m yesterday to increase a series G round featuring telecommunications firm Orange and digital payment processor Stripe to £125m ($167m).
The new funding came from conference operator Ted Global, Novator, Kaiser and Goodwater Capital, according to TechCrunch. Monzo confirmed it as an extension to its existing series G funding.
Stripe, Orange, Y Combinator, General Catalyst, Accel, Goodwater Capital, Thrive Capital, Passion Capital, Reference Capital and Vanderbilt University provided the first £60m in June this…
