Alphabet, the $1.7trn (£1.4trn) technology behemoth which owns Google, is in talks to take a stake in Monzo, one of Britain's biggest digital retail banks.

Sky News has learnt that Capital G, an investment fund which deploys capital into fast-growing tech companies, is close to an agreement to lead a funding round that will raise well in excess of £300m for Monzo.

Alphabet fund spells bumper valuation for UK digital bank Monzo comes via ChinaTechNews.com.