"UK's Monzo Raises $610 Million from Investors Including Hedosophia, CapitalG for US Expansion and Debuting Pension Product"

British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions

British neobank Monzo said Wednesday that it's raised another $190 million, lifting the total it's raised so far this year to $610 million.The company told CNBC it raised the cash from new investors including Hedosophia, a backer of top European fintechs including N26 and Qonto. CapitalG, Alphabet's independent growth fund, also participated in the round.Singaporean sovereign wealth fund GIC also participated in Monzo's latest fundraise, a source familiar with the matter told CNBC. The source sp...