Monzo in the Media 📰

UK Monzo Chat
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Monzo are taking part in a pilot with Google where Android devices can detect and warn when a scam is most likely taking place if screen sharing of a banking app is active with an unknown contact.

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Interesting that we’re reading about this in the papers and not on here. It does show the lack of engagement by Monzo in the community forum.

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Seems like a Google-led initiative rather than Monzo-led (Monzo isn’t the only bank involved). So doesn’t seem so surprising to me that Google is seemingly dictating the release of information.

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Also seen this feature Google is developing with Monzo, NatWest and Revolut initially: Google Online Security Blog: What’s New in Android Security and Privacy in 2025

Phone will warn of dangers of screensharing while conversing with an unknown party.

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I think the payment undo feature is novel. I think it needs a longer window, maybe 5 minutes?

I am surprised it has not been mentioned on the forum though by Monzo itself.

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It has You can now undo payments 🎉 - #8 by berth

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Too many people think 10s moving money around is too long, so they’ll really stress out at 5 minutes, or just stop using Monzo completely.

First World issue, I know :grinning_face_with_smiling_eyes:

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6882

How would people cope if it 3 days, which is what it used to be. Admittedly a while ago.

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I guess with progress comes greater expectations.

People want things yesterday now and free delivery on everything, but delivered next day.

Oh how simple and uncomplicated the 70s and 80s were (but gawd so slow too by today’s standards!) :smile:

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6886

The IPO is off people, it was all just speculation -

We haven’t decided either when or where, let alone with whom.”

apparently …

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“According to Anil, Monzo added 300,000 new users in April alone” from TechCrunch article - That is impressive and more than I imagined…

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2025 results are out

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No reason why valuation shouldn’t be between 8-10x revenue, the proposed IPO valuation is significantly undervaluing the business, unless they’re trying to build demand so that on launch there’s room for it to increase, god knows, cannot wait for the IPO and get a good return :crossed_fingers:

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Or keep them as shares and wide the wave to ÂŁ40+ billion valuation over the coming years?

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TS Anil paid ÂŁ12m. Punchy