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flag UK neobank Monzo raised $190m in funding.

flag UK neobank Monzo raised $190m in funding, increasing its valuation to $5.2bn. flag The funds will be used for international expansion, particularly in the US, and to create new products. flag Monzo has already hired Conor Walsh, a former executive at Block's Cash App, to lead its US business. flag The single-largest round for a European FinTech in the last year marks a significant milestone for Monzo and the fintech sector.

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