Cheers Michael.
Sounds like I only really made the big money from back during the “Mondo” round of investing. I put £1,000 in originally then dropped it to £200 in case I needed the cash just before it closed. Suppose I shouldn’t be complaining with the return! ha. At the end of the day, it could still tank and you can’t realise profits yet anyway.
Really? 
Crowdfunding is incredibly expensive and there was never a guarantee or an expectation that it would encompass every investment round. At this point in time I can’t see that spending thousands on crowdfunding is a good use of the company’s money.
So a 40% down round… Nothing wrong with that but please admit it rather than ignoring it. Other banks such as Lloyds and HSBC are also down ~40%
We decided not to for this round — it takes a lot of time and focus that we really can’t afford at the moment. For this round, we decided that it was better to focus that time and effort on new, revenue generating products. Hopefully, in the long term, that’s the right choice and ensures better outcomes for existing crowd investors too 
I’m just personally fuming that I didn’t get involved in the 2016 round. It’s like Bitcoin all over again!!!
/s
Feel like they have glanced over the previous valuation before hand of 2bn and that the share price had dropped surely. Or have they just diluted everything.
Which will be released…?
(Worth a shot at getting a hint of date or quarter)
Yes
For reference, shares were priced at £13.0194 during the Series F funding round last year.
Why does your email omit the Series F round?
That is a drop of 40.7% of share value for investors from Dec 2018.
Also, you significantly increased the market cap of the company with the 2 latest funding rounds. It seems very naive to say ‘‘shares are worth the same’’ - not even considering net present value over 1.5 years.
With all the funding rounds, it seems reasonable investors are putting more pressure on IPO timeline. Let’s wait for some news on that in the coming years.
Thanks for confirmation. Totally understandable given the circumstances. Looking forward to seeing progress on the product 
.
Monzo Plus CONFIRMED.
Hi Team,
Thanks for the update. I participated in your Crowdfunding round back in 2018.
Is there any appetite to open this investment round up to your wider community of existing investors? Despite the PPS not increasing since 2018, I’d love the opportunity to invest again at this valuation.
£13 is much more than £7 so how are my shares worth the same?
Am I right in thinking the shares were worth c.£13 a share last year? Quite a drop (I know because of COVID but still)
EDIT: I’ve just seen others have made this point above. Apologies. Quite a drop. Disappointing
Man…2016 investors are smiling right?
Great news! Looking forward to some new features and products when they’re ready. 
Have to say I found Monzo’s email to be lacking in transparency and plain English, if not pain misleading
The above means your have given free shares to the Series F investors almost doubling their share of the company which means everyone else owns less of Monzo.
Why not just say so? Instead of “hiding” this fact in the middle of the email, not explaining it clearly and going on about how the share price has not changed since the last crowdfunding…
This also means that future increases to the share price will be a lot less, as there are more shares in issue. So, Monzo’s value has actually fallen over 40% since the last valuation/round
You do realise the shares of many companies are now worth less than 18 months ago?
They are publicly traded companies, whom have not raised extra debt in the form of shares. Did you realise that?