Looks like theres a new round with a US backer. Some detail here https://www.thetimes.co.uk/article/us-backer-lifts-monzo-to-2bn-valuation-ztxn2gthc
Value of Monzo doubles to £2b as a result! However I can’t find much more detail. I’m curious how many new shares were issued and therefore how much existing investors have been diluted… anyone have anything on this?
I’m actually a little disappointed Monzo aren’t more forthcoming with this information to crowdfunding investors (would a traditional investor be treated differently?)