Let’s remember that you can’t directly compare share prices, as there are different amounts of shares for each company. Metro Bank is worth about £2bn so that’s the equivalent of Monzo share price roughly doubling.
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Will there be fractional shares? I’m no maths Wiz but £2000 doesn’t directly split equally into £7.71’s…
Super exciting, i’ll be investing what I can. Keep up the good work! 
Oh yes I agree i didnt mean in direct comparison… I meant in terms of success.
Id like to think monzo could replicate the success and become the size of metro bank quite easily.
I maybe shouldnt have included the shareprice and put a monetary value on that because I am in no way educated enough to try and do the calculations myself
Yes, you won’t be able to invest quite £2000 
Just under
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Sure thing 
Right now, we’ve just reached per-customer profitability. Meaning that, for each new customer, we’ll make a small amount of money. This is a very recent milestone, and up until that milestone, we were actually losing money per customer.
However, even though we’re now profitable per customer, we aren’t profitable yet as a company when you account for fixed costs - salaries and offices etc! And it’ll still be a while before we get there!
That said, bar any kind of unlikely catastrophic failing, we know that we’re on track to get there, but we’ll need more capital to do it. We’ll need lots more employees (most notably in engineering and COps), we’ll need bigger spaces to accommodate those staff in places (at different times, depending on location - Cardiff is already planning a move, Vegas will need a move likely sometime in 2019 as well).
So essentially we’ll be continuing to grow our business, in every section from COps to Product to Marketing and everything else. This will attract more customers, give us the required runway to keep growing and operating, and allow us to start looking into things like market expansion (although to actually launch in another market, we’d likely need to do another investment round after this one).
TL;DR you gotta spend money to make money 
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Are you able to share when you think you’ll hit break even including fixed costs?
This may be a stupid question, but would there ever be the likelihood that Monzo users could sell their shares to each other (based on their value at that time) in some sort of Monzo-only marketplace? This would allow users who needed to have their money back to potentially earn a “profit” whilst allowing others to pick up the shares and run with them?
Pardon me if I am being ignorant - I don’t know too much about all of this!
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I don’t know how to quote someone on here, but, that being said, thanks @simonb.
Additionally to my previous question; Why has Monzo limited it, this time, to £20, 000, 000. Why not more?
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The best thing to do here is to read the prospectus
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Will any investments qualify for EIS and will our shares show up in crowdcube too?
As an existing investor, it would be lovely to see total shares for all rounds and nominal value in the app (on the profile screen perhaps).
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There is some movement in Crowdfunded shares but they are, to all intents and purposes, illiquid.
On Seedrs they have an internal market to buy and sell shares and Crowdcube have indicated previously that they are looking at such a thing.
This site has seen a limited amount of transfers but it needs to be a whole chunk at a time, is time consuming and involves a bit of work with Monzo and Crowdcube.
I note Tom has a few shares and I’m sure he’d like to sell a few so he can move out of his flatshare but no guarantee with this stuff.
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I don’t believe investments in banks qualify for EIS.
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“To qualify for EIS, a company must be unquoted, have fewer than 250 employees and assets of less than £15m. The maximum amount a company can raise through EIS in a single financial year is £5m. In the case of SEIS, the company must have fewer than 25 employees, gross assets must not exceed £200,000 and a company can raise maximum investment of £150,000 in a three-year period.” - from a couple of years ago so number may be a bit out.
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Thanks for the quick update
Thanks. That would be a no then 
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The crowdfunding figure is baked in to the total amount of investment we felt we needed at this stage including what we received from the venture capital firms recently. But basically, you only want to take the amount of money that you feel you need to achieve your stated goals in the stated timeframe (plus some runway) and you want to receive an accurate valuation based on that.
Inaccurate valuations are scary and have sunk many startups in the past. If you aren’t able to hit those goals, you may not be able to receive as much capital as you need in the future, and that leads to shrinking companies and mass layoffs.
So, you want to have goals and a valuation/investment amount that’s based on those goals. Those goals will require hard work, but will be achievable, backed up with your current progress to date and how well you’ve achieved any previous goals set in previous rounds.
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As part of the Venture Capital scheme (EIS) Monzo would be excluded because more than 20% of the companies trade is in banking services 
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It does exist 
I’ve seen it, I just can’t think where 
I’ll share a link when I find it 
https://options.monzo.com/
@anon72173902 is this close enough?