Exclusive: Legal dispute emerges at Monzo cofounder's Monaco banking venture
Damisola Sulaiman, Sifted's fintech reporter, has reported an emerging legal dispute involving a Monaco banking venture co-founded by Monzo's Jason Bates. The lawsuit was filed by Ukrainian tech investor Damisola Sulaiman against Scottish tech billionaire Jim McColl. The two entrepreneurs launched the fintech venture together with Monzo's co-founder, Bates. It remains unclear what triggered the legal action, but the matter now has the attention of regulatory authorities.
Written by urgent.news from Sifted's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.