This explains everything, try not to laugh! : Fintech Rap Battle: MONZO VS STARLING - YouTube
Brilliant love it
Monzo offering loans again and this time they appear to be more open - before they always rejected my application but now I am through. And the loan management within the app is excellent in my opinion.
Obviously others will have a different journey to me based on their credit score, etc.
Finally I am starting to get excited again about my investment in Monzo, if they continue offering essential services then growth should resume and my shares might finally be worth something after all!
If they manage to get any loans at 25% then I’m sure the income will explode.
But what idiot is going to pay 25%?
Probably one unlikely to pay it back…
With all a huge amount of SPAC money looking for fewer and fewer good companies I wonder what the chances of one these Fintech bites and goes public.
Reading the article he brought this up and wasn’t something I hadn’t connected in the past.