It’s valid even for Monzo though. Startups have risk, anyone who’s invested in a startup should be prepared to lose the money as well as gain from it. Fintechs represent an even higher risk catergory than most, because their model is untested, and there are a lot of legal/regulatory risks associated with being in finance too.
Monzo certainly looks likely to be successful but it would be foolish to think its success is guaranteed.
There are research companies who charge (quite a bit of money) for this sort of thing. Whether it’s any good, of course, is anyone’s guess. 
Yep… all companies have risk 
But in my opinion there are startups who have a higher level of risk over monzo due to numerous things… getting into the market late, bad product, I’m sure you know the list but then again who knows…
Interesting article about Metro bank popped up on the BBC today:
Particularly this:
One former shareholder said there were two important reasons why. First, this Metro Bank model "will only ever appeal to a subset of customers - it is never going to be the same scale as even a TSB let alone a Lloyds and that matters because you can’t get the cost as percentage of your revenue down without scale.
However, the idea of doing all of your banking through an app is a rather abstract concept for someone who has grown up doing much of their banking through a branch. Branches are closing fairly rapidly these days, so I don’t think it will be long before the app is the default option for all banks.
Where Metro came unstuck is in having a questionable capital position …and a lot of people gambling on its failure…
I wonder if people are also shorterning as I don’t know if the loan situation was sorted out and whether it will be hammered with fines…