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DE Shaw & Co. Shows Interest in Leading Monzo Fundraising

The U.K. digital bank’s fundraising terms have not been fixed, and other investors are also in discussions.

A miniature glass bank stands beside an unfinished metal bridge / TokenPost.ai
A miniature glass bank stands beside an unfinished metal bridge / TokenPost.ai

DE Shaw & Co. has expressed preliminary interest in leading a possible fundraising for Monzo, the U.K. digital bank. The discussions concern a potential financing effort, not a completed investment.

The talks remain preliminary. Terms have not been fixed, and other investors are also in discussions with Monzo.

The discussions do not establish that DE Shaw will lead the fundraising or take part in a final transaction.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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