Monzo Sees 40 Percent Drop In Valuation In VC Deal
PYMNTS
JUNE 16, 2020
bank Monzo , fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. billion valuation a year ago, as reported by PYMNTS , while talks were in progress. Online U.K. billion, down from its $2.5
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