Monzo Series H

The Series H for Monzo lands in that uncomfortable middle ground where you can't call it genius or catastrophe. CapitalG, GIC are deploying $430M at $4.5B, which feels like a price negotiated by people who read the same three analyst reports and decided to split the difference. uk banking survivor—that's literally what they're betting on. The fintech thesis makes sense on a whiteboard, but the execution risk is substantial and the competitive moat is more of a competitive puddle. Will this work? Maybe. Will early investors get liquidity? Eventually. Will anyone remember this deal in five years? Absolutely not.