China's gaming firm Tencent acquires stake in Britain's Monzo 

China's gaming firm Tencent acquires stake in Britain's Monzo 

FILE PHOTO: A Tencent logo is seen in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo

Chinese gaming and social media company Tencent Holdings Ltd has taken a small stake in Britain’s Monzo as part of a fundraising, the digital bank said on Friday, just weeks after it fetched a valuation of $4.5 billion.