I had a thought regarding using the API for education, inspired by the recent blog post from @Jonas
I’ve worked with schools and colleges in the past to run financial education activities, but a limitation is always that access to banking services is limited, and so a lot of the material has to be theoretical. Mondo, even in it’s current form, could be an incredible tool for combining coding/development and financial education.
For example, prepaid cards can be issued to 13-18 year olds I believe, so Mondo could partner with a school/college to provide each student with a prepaid card that parents can load with money on a regular basis to pay for lunches/supplies etc. As well as using the contactless payments in canteens etc. it should be possible to use the cards for contactless ID too? (I’m thinking library access etc.) This should improve security, and make the school cashless. Mondo could also provide the school with guided developer activities for use in IT classes, where students can get experience creating real-world applications using their own data. Additionally, by engaging the kids so early and letting them create their own banking apps, I would expect many of them would continue to use Mondo when they leave education and on in to their lives.
I understand this is a bit ‘blue-sky’, but it’s also something that other banks would love to be able to do (have a look at how many run school partnership, workshops etc. as part of their CSR) and are nowhere near being able to at the moment.