UK startup bank Monzo has raised £60 million in fresh funding as the high-profile fintech tries to rally against the economic impact of the coronavirus.
The company has experienced a reshuffle in its executive ranks during 2020 with CEO Tom Blomfield stepping back, a change in CTO, and a new chief product officer.UK challenger banking unicorn Monzo has raised £60 million in fresh funding as it tries to rally against the economic impact of the pandemic, Business Insider can reveal.
Monzo's most recent prior valuation was an estimated $2.5 billion, making it the second most valuable startup in the UK. Its new valuation is closer to 2018 levels at £1.25 billion . Investors indicated that the deal's timing was behind the drop in valuation.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Germany will borrow $246 billion this year to fund its coronavirus stimulus plan - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'borrow' non of the EU members intend to pay anything back irakliberdzen Very good prime minister
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
Masks will be 'optional' at Trump's first official rally during the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Wow 😳 Fine.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »
Spain launches a $4.2 billion coronavirus auto industry stimulus package - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Crazy the world is feeling it Spain has an auto industry? What car do they manufacture, the Fiesta?
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »