Hello journalists!
Monzo digital bank could double value to £2bn with new US stake
A user identified as a crowdfunding investor on Monzo’s community forum said the shares would probably be worth “£12-14 minimum now, if the news of an increased valuation is true”. At the time of the crowdfunding, the shares were valued at around £7.70, although the shares are not tradable.
Another asked: “How much are Round One investors smiling today?” User bretonhill, also tagged as a crowdfunding investor, replied: “Personally, I can tell you: a lot. Lovely news to wake up to on a lazy Sunday!”