Personal finance startup Monarch raises $75 million - CEO North America

Monarch, which makes a personal finance app, raised a $75M Series B at a $850M valuation, says its subscribers grew by 20x since Intuit closed Mint in 2023

Hugh Son / CNBC: Monarch, which makes a personal finance app, raised a $75M Series B at a $850M valuation, says its subscribers grew by 20x since Intuit closed Mint in 2023  —  The personal finance startup Monarch has raised $75 million to accelerate subscriber growth that took off last year when budgeting tool Mint was shut down, CNBC has learned.

Personal finance startup Monarch raises $75 million - CEO North America

Today, Monarch announced it has raised an impressive $75 million to accelerate its app’s subscriber growth.  The San Francisco startup has managed to reach a value of $850 million thanks to its fundraising efforts, despite fintech startups suffering significantly raising funds during the current market turbulence.  Monarch’s co-founder Val Agostino  stated, “Managing your money is one of the big unsolved problems in consumer technology. How Amer…