Crossing the pond
Crossing the pond
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Crossing the pond
YOUR ATTEMPTS
Overview
Monzo, the UK's leading neobank, has reached profitability on £1.2B in revenue with 12.2M UK customers and is reportedly exploring a £6B IPO. Management is now debating whether to enter the US market - and if so, which of three structural approaches makes most sense: a sponsor-bank model (as Chime operates today), a full US banking charter (as Revolut is attempting), or staying out of the US entirely and deepening penetration in underpenetrated European markets.
Formats available
Peer practice PDF
Case info
Difficulty
Advanced
Case type
Market entry
Industry
Financial services and insurance
Company
Monzo, Revolut
Geography
UK, USA
Additional info
Includes charts and/or data analysis
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