Reposting this valuable information just incase!
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Had a look at them, while they are free there is no way to predict what price youāll pay for the shares when they are purchased. While in the long run (over 5 years) this matters little, there is the possibility for the price to fluctuate widely - think Tesla the day of Muskās recent tweet.
I prefer to set the limit price with real time pricing.
I do hear etoro is good for people who want to copy the trades of others, but they are quite expensive unless you are one of the āinfluencersā - and then it seems like a pyramid scheme. The idea of getting a % of AUM of the people who are following you is madness
Hi all,
Has anyone sold shares recently? There seems to be a few conflicting views on how to do this/how people have done this?
Just looking for a straight on answer from someone who has definitely been through this process.
Is it Crowdcube I contact first? Do I need to contact Monzo or will crowdcube?
How long does the whole process take?
Thanks
Let me know if youāre still selling the share, offering Ā£3 per share, message me directly s4j@outlook.com
Three million per share?! 
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I thought I was seeing things 
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Are you buying for Ā£3 a share?
Good luck getting a seller at Ā£3/share, the mooted valuations would lead to the shares being worth many times that later this year.
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Iām never selling my shares, Iām riding this pony till Natwest buy Monzo 
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You mean Monzo buy NatWest?
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No. Just no. 
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I would be surprised if any one sold at Ā£3.00 just before a crowdfund round that would value Monzo at Ā£1 billion
The last raise was at Ā£2.35 valuing Monzo at 380 million
I think the price will probably be between Ā£5-Ā£7
I would happily sell to you at a discount once the new valuation has been announced
I have 287 available and have already contacted Crowdcube - anyone interested please pm ASAP so I can contact you upon revaluation
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The āas much as $1.5bnā valuation was a speculative amount from the FT which was later removed from their article possibly at Monzoās request.
Tom previously said a UK bank with around a million customers and at around profitability is worth around Ā£3bn, so not sure why heād be raising at Ā£1bn?
Ā£3bn pre-money values them at Ā£28.50.
Just throwing it out there as a possibility 
Metro Bank (which has been used as a comparison) currently has a market capitalisation of Ā£2.7bn. There are pros and cons against that comparison.
Pros (vs Monzo)
- Deposits of Ā£13bn at H1 2018, my gut feel is Monzo wonāt have an average customer balance of Ā£1,000 or anywhere close.
- 1.3m customers.
- Existing suite of revenue generating products (credit card, loans, mortgages, business accounts, safety deposit boxes).
- Profitable (profits for Qtr to 31 Mar 18 were Ā£10m).
Cons (vs Monzo)
- Higher cost base (Iāll ignore the branch costs as they say that safety deposit boxes cover most of this cost). Despite this, they will have much higher staff costs as the long opening hours are their USP.
- Not particularly differentiated from the 10 or so other high street banks. Monzo only really has Starling as a competitor in the same market segment, at least at present.
- No likelihood of overseas expansion.
My gut feel is that once Monzo reaches 1m customers, turns profitable and perhaps has over 500,000 customers using it as itās main bank then it will look far better placed than Metro.
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I think a 3billion valuation at this stage would be laughed at by the markets.
Sachaās post gives the reasons very clearly
Agree with all the pros and cons above.
Investors factor in the foreseeable future as well as the present though. To say āMetro is currently a bank with 1.3m and Monzo is currently a bank with 0.95m users so Metro should be worth moreā is ignoring the foreseeable future. Monzo is travelling at 100mph and will overtake Metro who are creeping along on the hard shoulder in literally a few months timeā¦ December or January? It was only 21 months ago when Vernon Hill said app-only banks wonāt succeed.
In less than 12 months Monzo are extremely likely to have 3m+ users vs Metro with around 1.5m at their current growth rates. In 2,3,4 years Monzo will likely be many times bigger than Metro if the growth remains the same for both. So taking into account the foreseeable future which one would you value higher?
Personally Iād heavily discount beyond a year as you never know what can happen. Iād value Monzo at about Ā£3bn looking ahead. I wouldnāt be surprised if they raised at around Ā£2bn but would be quite surprised it is as low as speculated ($1.5bn=Ā£1.2bn).
We will just have to wait and see what happens. If it is Ā£1.2bn Iāll certainly be an investor.
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āTom previously said a UK bank with around a million customers and at around profitability is worth around Ā£3bnā
I remember seeing that interview and from memory it was vaguely comparing Metros customer numbers with Metros market valuation and converting it to Monzos customer numbers for a hypothetical valuation of Monzo - Metro offers a lot more money making products including Mortgages, and again from memory hold far more cash / savings deposits than Monzo - I think it was a bit of an off the cuff comment rather than a serious valuation.
I would be very pleased at a Ā£1bn valuation for a company that is around 3 years old and isnāt making any money yet - around Ā£7- Ā£8 / share for those that bought in the first crowd fund 
- very happy - would I sell yet - no - my guess would be Ā£3bn valuation at IPO around Ā£21/ share , in around 3 years time - or bust
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Iām interested! 
First Direct?
Does that count as online only? Started as a phone bank, and you can still call them to pay bills or transfer money (i.e. not just for customer service)