Does Monzo have plans for Africa?

Does Monzo have any plans for Africa?

Not that they’ve announced.

They’ve recently expanded into the US so I imagine it will be a long time (especially with the current pandemic) before they consider expanding further.

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there is a huge market in Africa, particularly Nigeria
there is an aggressive rise of digital banks in the country

At the same time, the regulatory environment in a lot of African countries is quite complex and they’ve already got their hands full building up their US product right now. I don’t see Monzo as being like other online banks in that I think they’ll finish up one thing before starting another rather than trying to be like Revolut and launching in a lot of countries as quickly as possible.

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great. thanks