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Monzo Plans Crowdfunding Round to Give Customers Ownership
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Monzo Plans Crowdfunding Round to Give Customers Ownership

Monzo Plans Crowdfunding Round to Give Customers Ownership

Todd Anderson·
EuropeFintechNews Roundup
·Nov. 20, 2017·1 min read

UK based Digital Bank Monzo is planning a crowdfunding round to give customers a greater share of ownership; the round will look to raise between $13mn and $40mn; while they will use the round for hiring it is meant to provide customers “a genuine sense of ownership”; the crowdfunding round follows the recent $94mn private equity backed fundraising. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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