The Monzo Effect – how is the UK challenger bank getting on?
In 2016, a major crowdfunding record was smashed by a challenger bank seeking to disrupt the mobile banking industry. Despite capping each investment at £1,000, Mondo (which later changed its name to Monzo) raised a whopping £1 million in just 96 seconds on Crowdcube – that’s nearly £10,000 per second. Enthralled by their success, we […]