Monzo-Funded-blog-header
  1. Home
  2. Explore
  3. Blog
  4. Crowdcube
  5. Monzo Raises 20m In A Record Breaking Round

Monzo raises £20m in a record-breaking round!

Congratulations to Monzo after raising £20m from 36,006 people in its landmark funding round!Powered by Crowdcube, this is the largest-ever crowdfunding round for a fintech company.

Here's some key stats about the raise:

Monzo-Funded-key-stats-blog-v2

It's fantastic to see 2,457 investors from previous rounds invest again, as well as the business welcoming more than 33,549 brand new investors!

In October, it was announced that Monzo is now valued at £1bn, making this Crowdcube's third unicorn, and means the challenger bank is valued 40x more than the valuation given at its first raise on Crowdcube in 2016.

Monzo-Funded-timing-stats-blog-v2

The Monzo Team said:

"We’re happy that so many of you have been able to get involved and take a stake in the bank that you’re helping us build. Our community has played an essential part in making Monzo what it is today, and your support and feedback are becoming even more crucial as we grow.

So thank you to our customers, our loyal investors and our new ones – we’re blown away by your support and so excited about what we’ll do together."

Risk warning

Investing in start-ups and early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Crowdcube is targeted exclusively at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. You will only be able to invest via Crowdcube once you are registered as sufficiently sophisticated. Please click here to read the full Risk Warning.

This page is approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority. Pitches for investment are not offers to the public and investments can only be made by members of crowdcube.com on the basis of information provided in the pitches by the companies concerned. Crowdcube takes no responsibility for this information or for any recommendations or opinions made by the companies.