Tencent recently joined digital finance from UK financial bank Monzo to acquire stakes

12月
31
2021-12-31 22:35
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According to British Sky News, on December 31, Tencent Holdings acquired a stake in Monzo Bank Ltd., a British financial services company worth more than $ 4.5 billion. According to people familiar with the matter, Tencent's financial implication was led by the Abu Dhabi Growth Fund, which raised a total of $ 600 million in new funding. Many digital banks, such as Monzo, are growing rapidly, hoping to secure securities in the retail market, which is one of the UK's largest businesses, now has over 5 million customers and doubled its sales this year. Previously, it was reported that digital bank Monzo was expected to achieve a cash turnover of $ 500 million worth around $ 4.5 billion.

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