Maybe they will leave the Nordics under Lunar, as it appears popular and pretty solid. They may just piggyback on the EU license and go with Monzo tech throughout the rest of the EU…
Would be great to find out more… it’s barely more than a rumour at this stage though
Whether technically a merger or an acquisition, I would think whatever the end holding company. there will be some deal that likely involves major shareholders of both companies retaining shares and a shared management structure with seats on the board for both parties. A pure buyout feels unlikely, unless Monzo investors really feel like splashing the cash.
Their tech blog is interesting
They also have this separate bill splitting app, but it’s only available to customers and Swedish + Danish phone numbers.
WOW!!!
THEY EVEN HAVE A BLOG POST ON HIGHLY PERFORMANT CONTINUOUS DELIVERY SYSTEMS!!!
THESE ARE MY KIND OF PEOPLE!!!
No Monzo name there, but also applies to 
Very interesting thread
Thanks for sharing, @kolok !
Nice to get some insights on what was happening behind the scenes at that time.
Hope we’ll get to know more in the future.
For those interested, Tom already blogged about the early years.
Certainly Plan C got basically zero public exposure, probably for the best given the inevitable reaction
PDF pls? i cant view tweets thanks to elan musk
The selling the business (or at least finding a safe harbour) was a known in early 2020 if you were around Fintechs at the time, and the likely purchaser(s) were known, one of which had put in two bids, I think the new thing was the winding down the business bit, as no one thought it was THAT bad.
TS has done an amazing job on the business, you talk to people at Monzo, and it’s best described as ‘the adults are now in charge’.
It was the chatter in the industry, that Stripe was ready to get the business they had been after for 3 years https://www.cnbc.com/2017/11/20/monzo-ceo-tom-blomfield-was-clear-to-stripe-founders-we-have-no-plans-to-be-acquired.html
Didn’t Lloyds want Monzo at one point too?
yep, most major banks have certainly had a sniff, NatWest went and decided to pivot to being a fintech, and JP Morgan went and built their own
Pretty much this. People who start a business are not always the best people to mature the business to profit.
gotta say sujata is a beast and i am scared of her. extremely well respected. when I see “sujata” I think “works hard as fuck to make it happen”
my opinion on TS is meh, good experience but he has not personally affected me much unlike Sujata 
(Thans @kolok)
Also I will say I think the article is missing some key people in terms of CSuites:
It does mean that those on these boards who were concerned about Monzo’s viability on the back of their auditors expressing “material uncertainty” over its ability to survive as a business as a going concern in its 2020-21 annual results, were right to do so.
Suspect the issue related more to the main revenue line being destroyed in March ‘20, and a funding round evaporating at the same time.
Think the counterfactual is COVID doesn’t arrive, the early 2020 funding round is a significant raise, and the interchange line continues at a steady rate.