I can’t see any recent threads on Monzo’s valuation but I was struck by this news yesterday where N26 have a new valuation of $9bn…
I have Monzo shares so shamelessly wondering whether we think there will be a new crowdfund anytime soon and whether we think it’s moved since the last down round 18 months ago. Every other fintech seems to value each customer at around $1000, against the current valuation it seems like it’s down around $250 per customer. Surely time for a more upbeat share price!
Indeed, I’d strongly advise them not to as - of all the various companies that I’ve invested in via crowdfunding - Monzo has to be the one with the worst possible investor relations. To the point they are non existent.
I’m no expert in valuation, but with a path to profitability, I think it has to go up?