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99%
Raised
£19,928,675
Investors
35899
Target
£20,000,000
Equity
1.96%
Pre-money valuation
£1,000,000,000

Powered by Crowdcube, Monzo has raised £20m in the largest-ever crowdfunding round for a fintech company. The crowdfunding is part of a larger raise from venture capital firms, and the money will be used to expand Monzo’s product range and further grow its customer base, that’s already more than 1m

  • This round is part of broader fundraise alongside institutions
  • Record-breaking raise will value Monzo at over £1 billion
  • Eligible Monzo customers are able to invest through the Monzo app
  • Monzo raised £20m in 2 days, 2 hours and 45 minutes!

Idea

Monzo’s mission is to make money work for everyone.

Founded in 2015, they now have over 1,000,000 customers, a team of 500 and a valuation of £1 billion. More than 100,000 people are signing up every month, and Monzo is the fastest growing bank in the UK.

15% of all bank accounts opened in the UK are now with Monzo!

We're thrilled to welcome Monzo back for the third time in what promises to be another record-breaking raise.

By collaborating with Crowdcube, Monzo’s customers are able to invest directly via the Monzo app; another first for the crowdfunding industry.

Monzo will become the third Crowdcube funded business to be valued over £1bn in the last 12 months and marks another major milestone for Crowdcube and crowdfunding.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.