Wowee.
Though this is a bit cutting.
“Shocking-pink” or “shocking, pink”?!
Wowee.
Though this is a bit cutting.
“Shocking-pink” or “shocking, pink”?!
“shocking pink” they author defo tried to intentionally not say Hot Coral ha
So glad they mentioned millennials in the first line, now I know it’s definitely an article about Monzo
How do they refer to us oldies that aren’t millennial that seem to be quite a few.
It warps their narrative too much so we are largely ignored
Sorry, can you speak up a bit. My hearing isn’t what it was.
Maybe you should be flattered that they are calling all Monzo customers young
Those pesky millennials!
I love how the article keeps jumping between £ and $. Pick a currency and stick to it please, it confuses my not-millennial old brain.
So I have to ask… short term unsecured loans? Accel Partners who backed Wonga?
“Monzo you’re not going to be offering 5000% loans are you?, no not Monzo?”
Spread the cost
They gave Wonga cash, doesn’t mean they had any say in the business
I know in my heart, it’s just not Monzo.
Out of curiosity (and to honest brand pride) anyone hazzard a guess as to market valuation of Starling?
Too much about them is hidden, how could you even guess a price?
Wonder if Monzo are waiting to hit 1 million accounts before announcing this.
Either way looks like it’s true along with the guardian article
I’m assuming that there might be a crowdfunding round to go with any speculative future funding round…?
(btw, were you the very first Crowdcube investor?!)
(PS @glasgow @Dannytc @Jackcrwhitney - any chance of merging these threads?)
As requested!
Just to keep all the chat in one place
The Guardian article refers to “high-interest savings accounts” which is promising, the other threads assumed they’d be < 1% given Monzo take their fee out of the interest too. Here’s hoping for something competitive (I think the highest quick-access savings account is just 1.4% at the moment though, or 3% or 5% with some bank accounts on a fixed term).
https://www.ft.com/content/ef54082c-a16a-11e8-85da-eeb7a9ce36e4
Phenomenal new valuation of Monzo - Monzo raises c$150m from investors including Accel Partners
Hey mark,
Moved your post here to keep the chatter all in one thread surrounding this news. Hope that’s ok.
Thanks!