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UK neobank Monzo raised $190m in funding.
UK neobank Monzo raised $190m in funding, increasing its valuation to $5.2bn.
The funds will be used for international expansion, particularly in the US, and to create new products.
Monzo has already hired Conor Walsh, a former executive at Block's Cash App, to lead its US business.
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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El neobanco británico Monzo recaudó 190 millones de dólares en financiación.