May 23, 02:01 PM

Monarch Raises $75 Million at $850 Million Valuation with 20x Subscriber Growth Since Intuit Mint Shutdown

Monarch, a personal finance app, has raised $75 million in a Series B funding round led by FPV Ventures and Forerunner, reaching a valuation of $850 million. The company has experienced a 20-fold increase in subscribers since Intuit shut down its Mint app in 2023. Despite reports of a challenging environment for fintech startups in 2025, Monarch's growth and fundraising success highlight a positive trajectory within the sector.

#Monarch #FPV Ventures #Forerunner #Intuit #Mint

Written with ChatGPT (GPT-4).

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Nik@NikMilanovic
9 months ago
I loved seeing this @CNBC story about @monarch_money but was confused about the 'nuclear winter' framing. 2025 has been a great year for fintech. How great? We broke down the numbers 👇 https://t.co/XR7U7GxVZ2
Techmeme@Techmeme
9 months ago
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) https://t.co/rfKQfI0vYF https://t.co/i8SJCuCPwU https://t.co/ZOzeer1FAj
Sriram Krishnan@sriramkri
9 months ago
Congratulations to Monarch Money on their incredible $75M fundraise from our friends at FPV Ventures (Wesley Chan, Pegah Ebrahimi, Christina Li) and Forerunner. Monarch Money is the best consumer money management tool out there. As someone very familiar with many successful https://t.co/iXTLzZq7Nm

Monarch Raises $75 Million at $850 Million Valuation with 20x Subscriber Growth Since Intuit Mint Shutdown

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