Tagged: mondo

February 23, 2017 @ 6:13 am By Erin Hobey  |  

Fresh from closing its £19.5 million in Series B funding round and celebrating its 2nd birthday, app-only Monzo  (formally know as Mondo) is planning to raise a further £2.5M through crowdfunding, according to multiple news sources. New York-based Thrive Capital led the round, with participation from Passion Capital… Read More

January 6, 2017 @ 2:53 pm By Samantha Hurst  |  

Following an exciting year, which involved an epic Crowdcube campaign and name change, digital bank Monzo (formerly Mondo) shared more details about 2016’s successes. Monzo had a great year with many milestones. Over the summer, the company declared itself a licensed bank and more than 200,000 people have signed… Read More

December 16, 2016 @ 3:52 pm By Samantha Hurst  |  

Last week, Crowdcube success Monzo announced the launch of Monzo.Me on iOS. The company stated that the new app will help users collect money from others with a worry-free process. Sharing details, the Monzo team stated: “Collecting money from other people has always been a pain. Whether… Read More

October 21, 2016 @ 10:51 am By Samantha Hurst  |  

On Thursday, app-only bank and Crowdcube alum, Monzo, announced it has raised £4.8 million during an “interim” funding round, which was led by Passion Capital. The company crushed past records by securing £1 million in an astounding 96 seconds.  According to Business Insider, the funding round now values Monzo… Read More

August 29, 2016 @ 10:27 am By Samantha Hurst  |  

Last week, Crowdcube #FundedClub member, Mondo, announced it has rebranded to Monzo during a live video presentation. The company declared earlier this summer it was changing its name after an undisclosed company with the similar name challenged it and the company allowed its fans to… Read More

August 25, 2016 @ 2:09 pm By Samantha Hurst  |  

It’s official – Mondo has a new name! The company announced on Thursday during a live video presentation that after months of customer voting, it is now to be called, Monzo! The now formerly known as Mondo crew confirmed earlier this summer that they were… Read More

August 18, 2016 @ 3:41 pm By Samantha Hurst  |  

Crowdcube #FundedClub member, Mondo, may have officially picked its new name! Earlier this summer, the company announced plans to rebrand after “an undisclosed company with a similar name” was challenging them. Mondo previously stated: “It can be painful to change the name of a product, but… Read More

August 17, 2016 @ 7:23 pm By Nathan Rose  |  

  As part of an upcoming book on equity crowdfunding, I have asked past campaigns about their very best marketing tactics. They have used these exact strategies to raise millions of dollars, pounds and euros! In this article, I have distilled their advice into these… Read More

August 11, 2016 @ 4:23 pm By Samantha Hurst  |  

Exciting news, Mondo investors! The Crowdcube #FundedClub member announced it has officially become a licensed bank and is now regulated by the Financial Conduct Authority and Prudential Regulation Authority. The Mondo team shared details about its launch, which can be found below. “We started Mondo… Read More

July 15, 2016 @ 11:43 am By Samantha Hurst  |  

Less than a day after Crowdcube revealed it £39 million in investor interest for its self-running crowdfunding campaign, the funding platform stated four of its #FundedClub members have announced their support for the upcoming initiative. Crowdcube initially set the bar at £5 million. The website… Read More

June 16, 2016 @ 11:50 am By Samantha Hurst  |  

Following the announcement that Mondo is planning to change its unique name, digital only challenger bank is now dealing with rumors that it may be acquired by London-based, Lloyds Banking Group. As previously reported, Mondo Bank secured £1 million from investors through its Crowdcube initiative in… Read More

June 13, 2016 @ 9:52 am By JD Alois  |  

Mondo, the digital only challenger bank that raised an astounding £1 Million in 96 Seconds on Crowdcube earlier this year, is changing its name. While the term “Mondo” embodies something utterly different from traditional banks, the label is being challenged by “an undisclosed company with a… Read More

March 3, 2016 @ 9:35 am By JD Alois  |  

If you were able to purchase shares of Mondo Bank on Crowdcube – Congratulations.  But if you blinked and did not register at exactly 1PM GMT sorry.  You are out of luck. Mondo Bank raised £1 million from investors in just 96 seconds. This is… Read More

March 3, 2016 @ 7:41 am By JD Alois  |  

After a challenging problem of too much demand and not enough supply,  Mondo is back on Crowdcube today to allow smaller investors the opportunity to invest in the possible future of banking. RELATED: Mondo Bank Raises £1 Million in 96 Seconds. Sets Equity Crowdfunding Record At… Read More

March 1, 2016 @ 2:52 pm By Samantha Hurst  |  

Following the announcement that Mondo’s highly anticipated Crowdcube campaign would not be live today due to technical difficulties, CEO of the digital only challenger bank, Tom Blomfield, revealed the company will open share purchases this Thursday (March 3rd). Blomfield shared in an email this afternoon: “As… Read More

March 1, 2016 @ 9:06 am By Samantha Hurst  |  

Mondo, the digital only challenger bank, attempted to sell shares on Crowdcube yesterday but demand was so robust the site became overloaded causing a temporary halt to any sales.  Crowdcube has posted  a Status Page, saying they are sorry.. “The launch of the Mondo campaign… Read More

February 29, 2016 @ 10:36 am By Samantha Hurst  |  

On Monday, equity crowdfunding platform, Crowdcube, reportedly experienced some issues after large amounts of investors looked to put their money towards digital only bank, Mondo. Mondo, a UK based challenger bank, announced earlier this month that it was seeking to raise £6 million through the… Read More

February 15, 2016 @ 9:16 am By JD Alois  |  

Mondo, a UK based challenger bank, is raising £6 million to help fund it’s mobile-first vision of the future of banking. Mondo has already received commitments from leading venture capitalists including Eileen Burbidge’s Passion Capital, but as part of the funding round Mondo will be… Read More