Tagged: tom blomfield

Emma Banking App Announces Monzo Integration

Just days after receiving its Financial Conduct Authority (FCA) approval, Emma Technologies announced it has integrated with challenger bank Monzo. Emma is currently building the banking app for millennials (iOS and Android), which is described as a mobile-only solution that helps consumers avoid overdrafts, find and… Read More

BBC: Fintech Provides Better Choices & Services, Enter Monzo, Square (Video)

In this brief video entitled “FinTech How technology is changing the world of finance,” BBC Newsnight spotlights some problems facing SMEs when it comes to collecting payments. Fees overwhelm. Payments delayed. Fintech maverick, Crowdcube campaigner and Monzo CEO Tom Blomfield addresses how lack of competition allows brick… Read More

Monzo Announcement: Banking License Restrictions Have Been Lifted

Monzo announced on Wednesday all of its restrictions have officially been lifted and it is now a fully licensed bank. This news comes just the company raised nearly £2.4 million from close to 6,200 investors during its latest Crowdcube funding round. As previously reported, Monzo raised funding on Crowdcube in March 2016…. Read More

£19.5M in Series B Funding in Hand, Monzo Plans Exciting Crowdcube Return

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

Crowdcube Alum Monzo Secures £4.8M During Interim Funding Round Led By Passion Capital

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

Mondo Team Reveals Top 10 Potential Names After Rebranding to Monzo

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

The Ultimate Guide to Marketing an Equity Crowdfunding Campaign

  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

Mondo’s Tom Blomfield Weighs In on Lloyds Banking Group Acquisition Rumors

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

Mondo Bank Raises £1 Million in 96 Seconds. Sets Equity Crowdfunding Record

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

Update: Mondo To Open Up Share Purchases On Thursday

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

Crowdcube Swamped: Investors Rush to Invest in Mondo Taking Site Down

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

Challenger Bank Mondo Raising £6 Million. Shares Offered on Crowdcube

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