Competitor update

Legacy banking should really wake up and start worrying given the number of Monzo-like startups.

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So, apparently I’m number 140 / 14,908 on a Tandem waitlist which will get me “early access to Tandem before the public.”

Being as I already downloaded (and deleted) their aggregator app, does anyone know if the waitlist is for anything specific? :thinking:

Here’s a preview of the interview we’ve all been waiting for…Will.i.am explaining why (on earth) he became an advisor for Atom Bank (aside from the obvious reason) -

http://techcitynews.com/2017/06/22/will-reveals-became-advisor-uk-fintech-atom-bank/

it looks like a discussion between him & the bank’s chairman was recorded too so I’ll keep an eye out for that…

Personally I think it’s a joke - since when has being a moderately successful music producer and weird talent show judge qualified anyone to advise a bank?

I’m even less likely to re-install the dreadful atom app after this stunt.

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my man wanted to get paid. more power to him. this will not save Atom from its promise

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Where William is where I am not

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The only thing he can advise on is making your name a valid domain.

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Hi Kim Dotcom! :joy:

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The guy is a legend in my eyes. Roll on Bitcache :wink:

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Starling’s marketing seems to be going through a bit of a transformation at the moment (they’re using emoji on Twitter now :eyes:) & to top it off, they’ve posted a blog post today detailing some of their plans for the next 12 months -

https://www.starlingbank.com/the-starling-bank-roadmap/

They’ve finally launched a community like this one -

And they’re planning -

  • Saving goals (aka Monzo’s upcoming update to the targets feature)
  • Virtual cards
  • Digital wallets :thinking:
  • More security controls (disable online & contactless transactions :roll_eyes:) & restrictions on card useage by country
  • Updates to the pie chart, to enable users to see their spending over the month
  • The launch of their marketplace
  • Joint accounts
  • Accounts for under 18 year olds

Should be fun to see who can roll these features out first :running_man:

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In their forums they said they are targeting end of July for Apple Pay support.

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I hope Monzo gets out with a lot of this stuff first, as Starling are stealing a bit of a march on us!

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They are in some places but judging by the Starling Feedback topic, they’re still behind in plenty of areas too :slight_smile:

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I’d rather it was done right than done first :slight_smile:

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A post was merged into an existing topic: Starling Feedback

Starling And Monzo are nearly same. But both developed for profit. There must be a competition to keep fees low

I’m curious to know what prompted Tom and others to leave starling and create Monzo. Has this ever been publicly talked about?

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Since it sounds like Tom etc. aren’t allowed to talk about why he left, this coverage about this split is probably as close as you’ll get to a complete explanation -

(sorry bout the paywall)

in other words ‘friction’ was the cause. There’s some more comments on what happened here -

(no paywall but you need to create an account to view this)

https://ftalphaville.ft.com/2016/06/29/2167987/app-only-bank-starling-loses-another-chief-technology-officer/?mhq5j=e2

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Thanks. Yeah I’d spotted the FT article. It would be interesting to know because on the face of it Monzo and Starling look almost identical in what they are trying to achieve.

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its not a good look losing all these top bods. it also cant be a coincident that these top bods have left. i smell a fish.

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