TO­MOR­ROW’S WORLD

Shares - - TALKING POINT -

MONZO

Bri­tain big­gest start-up dig­i­tal bank launched in 2015 and now has more than 1m cus­tomers, more than half of whom are thought to be un­der 30 years old. Cus­tomers do ev­ery­thing via a mo­bile app in­clud­ing iden­tity ver­i­fi­ca­tion us­ing their phone’s cam­era. The only phys­i­cal el­e­ment is a card to make trans­ac­tions.

Monzo is ex­pected to at­tract a val­u­a­tion of up to $1.5bn at its next fi­nanc­ing round, po­ten­tially in late 2018. Me­dia re­ports sug­gest re­tail in­vestors may be able to take part via crowd­fund­ing plat­form Crowd­cube, as per a pre­vi­ous fundraise in 2016. (DC)

XYLEM

The world­wide wa­ter sec­tor is among the most ex­cit­ing of sus­tain­able long-term in­vest­ment trends. Among the rel­e­vant com­pa­nies is Xylem, a $14.5bn wa­ter tech­nol­ogy ex­pert of­fer­ing a broad range of equip­ment, an­a­lyt­ics, prod­ucts, and ser­vices to trans­port, treat and test wa­ter for util­i­ties, in­dus­try and agri­cul­ture.

Xylem’s port­fo­lio of prod­ucts and ser­vices ad­dress the cy­cle of wa­ter, from col­lec­tion, dis­tri­bu­tion and use to the re­turn of wa­ter to the en­vi­ron­ment.

It is the top hold­ing in in­vest­ment fund Pictet Wa­ter (B516BZ3) and also sits within Bankers

In­vest­ment Trust’s (BNKR) port­fo­lio. Xylem’s shares are listed in New York. (JC)

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