UK neobank Monzo hits $5 billion valuation after $430 million raise
British digital bank Monzo on Tuesday raised $430 million in fresh capital from investors to help it relaunch its services in the U.S. Monzo raised the money in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet. HongShan, the Chinese venture capital firm that split from Sequoia Capital … Read more