Monzo launching in US

Looks like a few news articles doing the rounds that Monzo are launching over the pond - I hope it’s a huge success; because I believe it is an awesome bank and really empowers it’s customers and also because it will make me stinky rich!!

https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSS8N20G049

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How many shares do you have?

360+ ok maybe not slinky rich but hopefully enough to pay off my mortgage when they IPO in a year or so (my opinion)

How much would you guess they would IPO for per share?

A £30,000 payout is not too bad at all for you

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Probably a little but who could criticise you

Hope you do get the payout

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I thought that’s reserved for very loss making companies :thinking:

That would be nice. I suspect it’d take longer to get to that sort of valuation though. They’d probably need 10s of millions of customers, not 2 million.

Shame Monzo wasn’t EIS rated as any sale of shares will have CGT imposed.

Sadly, banks are not eligible for EIS :frowning:

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https://monzo.com/blog/2019/06/13/monzo-usa/

Some more coverage of the :us: rollout.

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What a day for my favourite fintechs

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