The London-based bank is looking to the future in a big way with its latest hint.
In an advertisement for a new Chief Financial Officer, Monzo has let on about its plans for an IPO within three to four years time.
“Alongside the CEO, you'll be heavily involved in future capital raising - pitching to investors and negotiating the best terms. In the next 3-4 years, it's likely you'll be responsible for taking the company through an IPO.”
It’s a sign that the bank is preparing to hit the big time, as it has previously mentioned aims for US, European and Asian expansion outlined as part of its ultimate ambition to achieve 1 billion users.
The news comes as the digital bank recently celebrated securing a total of £71m in its latest fundraising round, through a combination of new and old investors.
As the rolling out of its new current account gets firmly underway with users who weren’t part of the initial preview being invited to participate this week, it’s clear that Monzo is setting itself up for an exciting 2018.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.