--U.K. fintech Monzo is planning to float on the stock market but its management is split on whether to list in the U.K. or in the U.S., the Financial Times reports, citing sources.
--Monzo's CEO TS Anil is said to be pushing for a U.S. initial public offering while the board favors the U.K., the FT reports.
--The company is in early talks with bankers to get ready to IPO by the end of the year but hasn't settled on a timeframe and seeks to be ready for when market conditions allow it to float, which could more likely be in 2026, the FT reports.
Full story: https://tinyurl.com/3h3c3pca
Write to Elena Vardon at elena.vardon@wsj.com
(END) Dow Jones Newswires
January 21, 2025 04:59 ET (09:59 GMT)
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