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)

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.

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