I am looking forward for a new crowdfunding campaing after this recent move. For those like me who have missed the opportunity to become Monzo shareholders. Please Tom, give us good news soon!
Monzo: gonzo banking
Investors should remember that the UK start-up’s customers are young and stretched
In addition, Crunchbase is reporting an undisclosed amount of funds raised:
Thought it could be because it hasn’t materialized just yet as it cites:
Let’s say there is a crowdfunding round. Will we be allowed to buy the shares ? Or are there specific conditions to do so What price will it be ? Do you have any information about that ?
I’m kind of a newbie, thank you all !
The only restrictions I’m aware of is the eu cap on raising funds let’s speculate Monzo want to raise £20m from the crowd I believe this would require a prospectus 8m Euro cap
Then it’s down to who would run the campaign whether it can be run internally, there was a job advert a goodbye months ago referencing crowd funding
£20 million reserve for crowdfunding. I think crowdcube limit was £8 million?
Crowdcube don’t have a limit, but over €8m, the EU requires a formal prospectus, that’s all.
It would be nice if there was an opportunity to sell shares to monzo during the crowdfunding similarly to what revolut offered.
I believe some people have just sold on here. You need monzo approval and you need to use crowdcude as a broker
Agreed, recycle shares where people want to sell, reduces dilution.
Where can you buy/sell shares right now ? Is it available yet ?
except Monzo is trying to raise money to continue improving their cash hungry project , not buy existing shareholders stakes to consolidate with cash thats sitting in their account
You can sell shares acquired in the previous funding rounds (if you have them ) through crowd cube under certain circumstances to anybody willing to buy them , the next opportunity to buy shares will be in the next crowdfunding round - which hasn’t been officially announced yet
How much time did this crowdfunding round last ?
I feel like there was an announcement a couple days ago and now the round is over
it’s not taken place yet - there has been no official announcement from Monzo of a new crowd funding round taking place yet - I think you are confusing previous crowd cube funding rounds which are over
Hi,
I’m interested in buying monzo shares - open to buying the whole allocation. Please message me if you are interested in selling.
Thanks
Mike
Mine are all available at £50 each.
50 a share?
Hi,
I have a 995 + 146 Monzo shares that I am interested to sell due to some recent events. I am still in process to get the approval from Crowdcube and Monzo to sell, tell me if it sounds interesting to you.
Thanks,
Paul