We’re crowdfunding up to £20,000,000 and we’d love you to be part of it!

Monzo Chat News & Updates
124

Am I correct in thinking that ROI on the first crowdfund is currently ~15x?

125

51p - 771p - yes around 15 :slight_smile:

1 Like
126

That was for staff IIRC

127

@simonb - Thank you.

1 Like
128

@simonb - Other than not having the correct amount to invest, (£10 or >), could you possibly list a few examples of what would prevent me from investing?

i.e.

  • Not investing within the allotted timeframe
  • Not being a current, or, at the time of investment opportunity, a Monzo customer.
129

You would need to be an eligible customer on 26 November 2018 - if you are considering investing I would strongly recommend you read the prospectus prior to putting your money into buying the shares.

Without sounding flippant, if you’re considering investing a tenner , don’t read the prospectus, put your money in, you will either lose your tenner, or maybe turn it into £15, £20 or more , if you’re considering a “large” amount - read it , try to understand the risk, decide whether you can afford to lose the money, compared to how much potentially you could " win " and whether you are prepared to back the horse :slight_smile:

Eligible Monzo Customer - the Offer will only be open to individuals who as at the date of this document:

  1. (a) have been approved as customers by Monzo having completed the new customer application process via the Monzo App, including, for the avoidance of doubt, Monzo customers who have not yet activated their debit card;
  2. (b) are 18 years old or older; and
  3. © are resident in the United Kingdom.|
6 Likes
130

I’m a newbie… Is it worth me investing a small amount.

131

It’s up to you :grin: It’s a long term investment though, might be years til you can sell. Best read the documentation and see what you think then

2 Likes
132

Is there any estimate on when Monzo might hold an IPO, at which point the shares become tradable?

133

no - no guarantees at all

4 Likes
134

I’m very interested in investing - just wondering what the minimum amount is?

Thanks!

135

£10 :slight_smile:

2 Likes
136

Thanks! Will definitely be investing.

Thank you, have a great day!

1 Like
137

OMG this is freaking awesome!! I am in! :slight_smile:

2 Likes
138

What should I select if I don’t fall into any of the 4 categories of investors?

139

Thanks, I’ve read a bit more into it. Any idea where you can find out figures for last year etc. Ive never done this kinda thing before so all this reading makes little or no sense :roll_eyes::joy:

140

Hello there, please can someone tell me what are the steps exactly when investing via the Monzon app? Will there be like a ‘click here to invest’ button on the 5th of December?
I am familiar with the procedure on the Crowdcube website and app, but never done it via any other apps.
Thank you.

141

4% in fees!? Greedy platform…

142

Yeah a lot!

143

I imagine it will be really simple and self explanatory. Here are some screenshots so far:

and a breakdown of what the code does:

4 Likes