An American fund management giant is in talks to lead a capital-raising at Monzo, the UK-based digital bank, which is likely to value it at over £7bn.
Funds giant DE Shaw in talks to back £7bn digital bank Monzo
EXECUTIVE SUMMARY
An American fund management giant is in talks to lead a capital-raising at Monzo, the UK-based digital bank, which is likely to value it at over £7bn.
Key Takeaways
- Funds giant DE Shaw in talks to back £7bn digital bank Monzo.
- An American fund management giant is in talks to lead a capital-raising at Monzo, the UK-based digital bank, which is likely to value it at over £7bn.
- An American fund management giant is in talks to lead a capital-raising at Monzo, the UK-based digital bank, which is likely to value it at over £7bn.
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Published originally on Sky News - Business
