Upcoming funding round discriminating non-UK early investors

“You are unlikely to close an account if you plan on investing in Monzo due to future opportunities to invest.”

If I invest in Barclays does that tie me to using Barclays for ever ???

“That’s fine, I’ve never intended to hide my opinions by changing handles on forums.”

me neither :slight_smile: - on the contrary, I use my name , I am quite open to who I am :slight_smile:

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In my view? Nothing. Someone would find something, though.

But I also see nothing unfair in what they’ve done here.

I have no idea what this means either.

wow :slight_smile:

Yes they have. I get that some feel it’s unfair. They’re entitled to feel that but it doesn’t make them right. That’s sort of the point of opinions being personal rather than collective things.

Edit: Under what rule or regulation do we have a right to ‘fairness’ anyway?

No, but Monzo are also open at 2am. I’m not saying there are no other companies that are helpful - I’ve just never known help like Monzo’s. For example, I once asked why I couldn’t see my wife on the Payments tab. They said to make sure she had ticked “Payments with Friends”. I wasn’t with her at the time, but said I’d check with her later. They then got in touch in the evening to make sure it was resolved. That’s my idea of taking ownership.

nobody is forcing anybody to do anything , if you want to invest these are “our” ( Monzo ) conditions, if these conditions aren’t to your liking …hmmmmm …

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I know you’re incredibly Anti-Monzo trying to be the Ying to the Yang. Which I’ll admit could be useful if this place really was the echo chamber you make it out to be!

Sometimes, however I feel you’re just taking the opposite side to have an argument rather then be constructive, regardless of your knowledge or presumed knowledge, feel free to tell me I’m wrong - I’m sure you will!

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Recchan - if a company wants to / needs to - put conditions on an offer , maybe they are entitled / oblidged to ?

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I’ve been trying to say this. Perhaps I should have used these words!

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" It’s actually because I want Monzo to prosper believe it or not. I’d like to use them again in the future. "

lol - sorry - you wouldn’t have thought so from the “other” site :slight_smile:

could copy and paste so many comments from the “other side”

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It’s not about right to ‘fairness’, it’s about pre-emption rights or first dibs right in this case. If you offer pre-emption rights only to a group of investors, it’s not fair.

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I must admit it is tiresome to permanently read negativity when, especially with the banks I’ve come from, there’s so much to love.

Especially when you see ‘I really like this feature, it’s made me happy’.

And the response basically insinuates your stupid and should switch to Nationwide.

sorry Im not attacking you, but in fairness you do send a lot of mixed messages - not really mixed - mostly anti Monzo - which obviously is your right should you chose :slight_smile: but to then come and say you want Monzo to succeed - doesn’t really come across as …hmmmmm…

Again, what rule says this has to be ‘fair’?

I agree that it does not have to be fair, but then the OP is right saying it’s a discrimination.

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Ive deleted this comment because its really not worth reading :slight_smile: `

As is so much in life if you look from the right perspective.

Is it worth getting bent out of shape about as some seem to be?

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Thanks @Chris_R for bringing the discussion back to the original point.

I read all the posts, and i also think we went off topic. There are many posts about features - when the topic was about excluding early investors.

As i wrote the topic, i want to add something. The point it’s not wether if i am allowed to invest then someone else can’t, so “you can’t make everyone happy”. Investing can be an opportunity if you don’t discriminate between your loyal investor’s and client’s base, so the point it’s not wether Monzo should open the round to non-clients. The point is if you agree to say you’re not welcome to someone that:

  • was there in each of the 3 crowdfunded rounds
  • was in the client’s queue for months
  • isn’t able to be a client only because he isn’t resident in the UK
  • was there that click day when Monzo was fully funded in 96 seconds
  • was there when Mondo asked for name suggestions and then became Monzo
  • qualified for the investor card which he can’t claim
  • is here when he gets neglected at this round
    … will not be there on the 4th crowd round because he is not resident in the UK.

I think it’s not fair and it looks like Monzo comes from an era of inclusion and opportunity for the early investors to an era of exclusion and closure. I couldn’t be happier to be proven wrong anyway.

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my Starling account has £9.56p in it , maybe we should call a truce :slight_smile: and get back to the original is it fair discussion :slight_smile: