One of the criticisms of legacy banks is that their systems are so dated/integrated/etc. that it is difficult for them to innovate using latest tech.
My question is, today Monzo is using latest tech, systems, infrastructure etc. but what processes do they have in place to avoid falling into a legacy setup? How will they continue to innovate and replace old tech/processes/etc to ensure they are always up to date? I don’t want to see in 2027 Monzo systems failing because new stuff is being built on top of 2017 tech.