We will have news soon according to FT.
Monzo poised to join ranks of Europe’s fintech ‘unicorns’
UK digital bank lines up $150m fundraising as it eyes $1.5bn valuation
We will have news soon according to FT.
Monzo poised to join ranks of Europe’s fintech ‘unicorns’
UK digital bank lines up $150m fundraising as it eyes $1.5bn valuation
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!
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?