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Monzo IPO: Diguary Stock Plan with £ 6BN valuation

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Monzo is an appointed by the bank to help the potential stock market account, reporting.

Digital Bank is looking for official business to work in the stock market that can see Monzo values ​​with £ 6Billion worth.

Morgan Stanley tends to get an important role in separating the agreement.

Giant Ball Street is one of the banks working with Monzo in a large-scale investors (IPO) investors.

The bankers can officially hire to work in lists within months before IPO can occur at first year.

Duration, size and location of the area has not yet agreed, according to the report from the sky news.

Monzo can make initial public offer as part in the first half of the next year

London currently assumes the ‘Most’ place ‘for listing – which will increase the London Stock Market if this depends on the market statement.

Monzo, launched by 2015, now, now is profitable and it offers current accounts and savings accounts with pensions and investments.

Monzo has more than 11 million kip customers and 600,000 bank customers.

4,000 IT staff.

It has been launched as challenging in the road bank in high roads that include other digital banks, which are similar accounts.

Last year it raised £ 500million from the group of investors in business valuable to do business £ 4.1bilion.

Monzo denies comments when contacted by this is the money.

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