The challenger bank’s Vanderbilt University-backed series G has been boosted by new funding at the same $1.57bn valuation.
Monzo, a UK-based digital bank, secured £60m yesterday to increase a series G round featuring Vanderbilt University 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.
Payment services provider Stripe, telecoms firm Orange, Y Combinator, General Catalyst, Accel, Goodwater Capital, Thrive Capital, Passion Capital and Reference Capital and provided the first £60m in June…
