Upcoming funding round discriminating non-UK early investors

(Thomas Purchas) #141

We weren’t allowed to let any member of the public invest in Monzo in this round. This is a legal requirement that have to obey.

We decided that the best compromise to let people invest, that didn’t invite the entire general public, was to limit investments to existing customers. This of course excludes many people, but was necessary to get our crowdfunding round approved by various regulators. It was either this or no crowdfunding :disappointed:

(Vito) #142

Thanks again @thomas for the explanation. Now i understand the reason.