Predictions for Monzo (and fintech) in 2023

I predict that I’ll win the lottery, buy a lambourgini and be able to re-open a chase account…

All things that have as much chance as that happening…

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I wonder what the return would be to crowdfunders on this valuation? :eyes::moneybag:

Reckon the valuation is probably around £3-5bn, as the last raise was done in a sensible way and doesn’t include a massive dose SoftBank hype

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That feels pretty right to me. Starling would be similar, I imagine (better short term figures but more potential for Monzo in the long run, I think).

Does Revolut still have a valuation bigger than most of the big four banks? Bonkers…

Yeah, it’s still high on Softbank, be interesting if they do raise where it comes in at, the Klarna down round being the obvious one to compare to when it happens.

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