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China's Tencent buys small stake in UK digital bank Monzo
short by Aishwarya Awasthi / on 01 Jan 2022,Saturday
China's Tencent has taken up a small stake in Britain's digital bank Monzo as part of a fundraising, weeks after the bank fetched a valuation of $4.5 billion. Monzo did not disclose the details of Tencent's stake. In December 2021, Monzo received funding from investors such as Abu Dhabi Growth Fund and Coatue.
short by Aishwarya Awasthi / 01:31 pm on 01 Jan
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