Alphabet fund spells bumper valuation for UK digital bank Monzo
Capital G, a fund created by Google's parent company, is in talks to take a stake in Monzo that will value it at about £4bn, Sky News can reveal.
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Capital G, a fund created by Google's parent company, is in talks to take a stake in Monzo that will value it at about £4bn, Sky News can reveal.
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Monzo is in talks about a £300m-plus fundraising that would underpin its status as the most highly valued digital bank in Britain.
The share sale, which will value Monzo at more than £3.5bn, is likely to be the last before it pursues a bumper stock market flotation, Sky News learns.
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