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Fintech

The Fintech Files: Monzo’s busy year

Your guide to the week’s biggest fintech stories

US expansion and new funding are adding to the digital bank’s workload in 2024
US expansion and new funding are adding to the digital bank’s workload in 2024 Photo: Rafael Henrique/Getty Images

Monzo’s £340m funding round in March was one of the largest fintech raisings in recent history. But the City-based firm’s expansion plans haven’t stopped there.

Monzo is set to expand its fundraising to roughly £500m to expand its offering and grow its business across different regions including the US.

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