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Tencent bought a stake in Monzo, the UK digital bank, in its latest funding round

via:新浪科技     time:2022/1/1 10:01:58     readed:73

Tencent Holdings has bought a stake in Monzo Bank Ltd, a British fintech company valued at more than $4.5 billion, according to Sky News. Tencent's participation in the round, led by the ABU Dhabi Growth Fund, raised a total of $600 million in new funding, according to people familiar with the matter. Monzo, which is one of several digital banks hoping to carve out a foothold in a retail banking market dominated by the UK's big banks, has been growing fast, now having more than 5m customers and doubling revenues this year.

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