A quick update on this, whereas the answer to whether or not Monzo will provide business banking has always been a flat no in the past, Tom changed his tone slightly at this month’s open office.
Rather than saying no, he mentioned that there’s are a few interesting things going on in the UK market which might mean that offering a business account could be interesting, in the next year or so. But he also made it clear that we shouldn’t expect anything within the next year.
This is only anecdotal but I’ve heard quite a lot of negative feedback about Tide so perhaps that conflict (Monzo’s investors Passion Capital also back Tide), will be going away