Can anyone from Monzo give us an idea of the current share price?
I think there were estimates of a £12-£14 share price with a valuation over £2b … but with more shares now, it would be good to get an idea of what the guys at Monzo think shares are worth?
Understanding all the usual “they’re worth what people will pay” along with the fact you can’t sell them properly yet etc.
So now that we are close to 3 million customers do we think the share price has grown by a similar amount? (e.g. we were about £2billion value with 2m customers)
I wonder if there will be another round late this year? Thought the £200 million injection earlier may mean no further rounds are needed (for a while).
Not sure, but I think the valuation seems to be tracking around £1bn per 1m users, so I’m guessing they are about to approach £3bn valuation, although that’s obviously just in theory, in practice it’s worth the same as it’s most recent round, i.e. £2bn
I bought £900 first round, not sure why at the time but regret not maxing out now. In total, I’ve got 3154 shares now. Lucky and very risky at the time…
The risk hasn’t diminished , in fact I would say it had increased , if US launch isn’t what could be classed as successful there could be a significant downgrade to the share value, we all tend to get swept along on the wave of success , and it could be equally as rapid downturn when the actual costs of the US launch equate to the number of new US customers
Anarchist
(Press ‘Help’ search ‘Contact us’ or email help@monzo.com or call 0800 802 1281)
17
The same could be said, if to a lesser degree, for business accounts.
yes I agree , but I do think the increased income from loans and interchange rates etc will point towards more potential of profitability in the future which would encourage the watchers - who knows - Im not thinking of selling anytime soon though ( even if I could from some of the comments above )
Also remember that you earn 4x the amount on a customer in US than you do in Europe. So monzo will make the same amount on 250,000 us customers as it would on 1,000,000 uk customers. The appetite in the US seems ready for the wave of digital banks, as the Legacy US banking system is 10 times worst than what we got here.