Buried in the depths of the investment prospectus

Do you work for a financial institution then?

I think the license allows them to both:
a) launch their own ISA
b) manage ISAs for other companies

I don’t think it makes sense for them to do b) as any other company which shows up in Monzo’s marketplace would probably already have permissions for this anyway (unless they ONLY operate on Monzo’s marketplace). And Monzo isn’t a platform business so they probably don’t want to focus on this.

I think the most likely scenario is that they will launch a Cash ISA for pots, but leave the Innovative Finance, Stocks and Shares or other special ISAs (LISA) to third parties.

This topic was automatically closed 180 days after the last reply. New replies are no longer allowed.