Monzo, a UK digital-only bank, is closing in on new funding led by U.S.-based Thrive Capital

 Monzo, one of a number of new digital only or so-called ‘challenger’ banks in the U.K. aiming to re-invent the current account, is closing in on new funding, which could be announced as early as this week. According to multiple sources, U.S.-based Thrive Capital is leading the round. Read More

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