But sources and media reports indicate the current fundraise will likely close at half of that $10 billion figure.
The startup is also in talks for an extension to its $113 million fundraise from Y Combinator Continuity in summer 2019. that Monzo had been in funding discussions with mega-funder SoftBank. Industry sources indicated that Monzo CEO Tom Blomfield didn't want to work with SoftBank. The meeting was thought to have taken place eight months ago, and Monzo has sinceat a valuation of $2.6 billion.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street Insider January 25 - Business InsiderWhat's behind a new training push at Merrill Lynch; Blackstone CEO Steven Schwarzman talks succession planning; JPMorgan wants more UX experts
Source: BusinessInsider - 🏆 729. / 51 Read more »
Wealth tech sees sharp decline in new entrants - Business Insider - Business InsiderICYMI: After a sharp downturn in the number of emerging wealthtech startups, existing players will be forced to tweak their business models to survive:
Source: BusinessInsider - 🏆 729. / 51 Read more »
PRESENTING: The 13 consulting firms where you can earn more than $200,000 with an MBA - Business InsiderRead Business Insider's exclusive roundup of the highest-paying consulting firms in 2020. About $4,000 grand a week. Thats enough. It's a zero-sum investment. An MBA at a top school taps out at $200k which means you'd mortgage the equivalent of a small town home. If firms offer to pay for that added (though often unnecessary) education bill, it could be worth the investment, but only if they keep you.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Insiders share tips about how to get a job at Amazon - Business InsiderAmazon is known for its ruthless interviewing process. We talked to insiders about how to get a job there. Who really wants a job there? Sell-your soul types of workers, maybe?
Source: BusinessInsider - 🏆 729. / 51 Read more »