Monarch Bags $75M to Revolutionise Personal Finance with Privacy-First Approach

Editorial Team

Last updated 28-05-2025

3 min

Monarch, co-founded by Egyptian entrepreneur Osman Osman, raised $75 million in Series B funding.

The app offers privacy-focused financial management without adverts or selling user data.

Monarch aims to alleviate financial stress with a dashboard to track spending and investments.

The funding will help improve the platform and recruit more talent for better user experience.

Monarch aspires to enhance comprehensive financial well-being beyond just budgeting and spending patterns.

We all know managing money can feel like a bit of a headache sometimes, right? Between budgeting, investments, and trying to hit your financial goals, it's easy for things to get messy fast. But an Egyptian entrepreneur, Osman Osman, is part of a US-based startup trying to clear up all that confusion—Monarch, a personal finance app—and they've just pocketed a tidy $75 million in new funding.

This latest investment arrives as part of a Series B funding round, with big players such as FPV Ventures, Menlo Ventures, Accel, SignalFire, Clocktower Ventures, and Forerunner Ventures all jumping in. It's a seal of approval for Monarch, which Osman co-founded back in 2018, setting out with a clear and frankly refreshing goal: letting users handle their finances without sacrificing their privacy. Let’s face it, we're all tired of online ads and dodgy data harvesting, aren't we?

Monarch doesn't mess about with advertising or selling user data. Instead, the startup focuses strictly on subscription payments from people who crave more control over their finances—without their information being flogged to who knows where. Basically, the app is offering real tools, neatly packaged to track spending, manage portfolios, and pursue long-term targets such as retirement or your kid's uni fund.

Financial stress is, after all, the elephant in the room across households everywhere—especially in the US, where money woes are consistently reported as a top source of anxiety. Aiming squarely at this issue, Monarch bundles all your financial info together in one tidy dashboard, tailored specifically to help households keep their eyes on the prize financially.

So, what's next for this promising personal finance companion? Apparently, Monarch isn't resting on its laurels. The funding should help them polish their platform and bring more top-notch people on board—and if you ask me, a bit of extra talent never hurt. They aim to become the definitive digital base for personal finance, covering everything from daily spending habits to long-term net worth and investment planning.

What really makes this stand out, though, is Monarch’s ambition to shift personal finance beyond just watching spending patterns or budget trimming. Instead, Osman and the team are pushing to provide genuine financial wellbeing, something more comprehensive, private, and practical in the long-run. It’s good news for us as users and a nice nod to Egyptian entrepreneurship making waves internationally, reshaping the tech world in one of its most crowded (and tricky) spaces.

Keep your eyes peeled, Arageek readers—Monarch's story seems far from finished. If they keep this up, managing your finances might finally stop being such a hassel.

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