Monzo finally prepares for £6B IPO 🥳🔔; Robinhood expands North: acquires Canadian crypto firm WonderFi in $179M deal 💸🇨🇦; Payoneer pursues sale 🏷️😳

FinTech is Eating the World, 14 May

Hey Everyone,

Good morning & happy Wednesday! Today’s issue is especially exciting as we’re looking into Monzo, which finally prepares for £6 billion IPO (why it matters & what to expect next + bonus deep dives into Monzo, JPMorgan and eToro’s IPO), Robinhood that just expanded in the North by acquiring Canadian crypto firm WonderFi (what it’s all about & how it fits into the WealthTech’s broader strategy + bonus deep dive into Robinhood’s latest financials), and Payoneer which is now pursuing sale and wants to go private (what’s the story here and what it indicates for the broader FinTech industry + more bonus reads inside). So let’s just jump straight into the hot stuff 🌶️

Monzo finally prepares for £6 billion IPO 🥳🔔

The BIG News 🗞️ Britain's largest digital bank Monzo is finally preparing for a potential stock market debut that could value the company at more than £6 billion.

According to recent reports, the neobank is working with Wall Street investment giant Morgan Stanley MS 0.00%↑ on a series of meetings with potential investors ahead of an initial public offering (IPO) that could take place as early as the first half of 2026.

Let’s take a look at this, see why it matters, and what’s next.