How will Monzo make money?
From https://monzo.com/invest/monzo_investment_deck.pdf (page 13)
“In the short and medium-term, Monzo will make money by lending out deposits, without hidden fees or charges”
“Long-term, profit sharing and affiliate fees on third-party products will be the main source of revenue”
I’m guessing that profits from Monzo’s clothing range might just about cover a round of drinks on a Friday afternoon 