“Monzo was featured by Startups of London in the article “The Complete List of Unicorn Startups in the UK 2022″.
Similar to Revolut, Monzo was founded in 2015 and had its unicorn status in 2018. Its five founders, Gary Dolman, Jason Bates, Jonas Huckestein, Paul Rippon, and Tom Blomfield, started the digital-only banking company. Quickly, it became one of the most popular neo banks in the UK.
Monzo raised £50m funds in a Series G funding round in February 2021, just after the Co-founder and CEO, Tom Blomfield, announced his departure from the company. Their latest funding round, Series H, took place this year, on the 8th of February, raising £389m. In total, Monzo received over £900,9b in funds in seven years.
Check out our coverage of Monzo in our article to learn more about them.”
– Startups of London Team
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