Existing backer Orange Digital Ventures and fellow corporate investor Stripe have participated in mobile bank Monzo's latest round.

UK-based mobile financial services provider Monzo raised £71m ($93m) in funding yesterday from investors including Orange Digital Ventures, a corporate venturing vehicle for telecommunications firm Orange.

Venture capital firm Goodwater Capital led the round, which also featured online payment processor Stripe, charitable foundation Crankstart Foundation and VC firms Passion Capital and Thrive Capital.

The round included £11m of secondary share purchases from early employees including Monzo’s founders, TechCrunch has subsequently reported.

Founded in 2015, Monzo allows users to open and…