Interesting pitch recently on Dragons Den with a similar product to what @tom has dreamed Monzo to become. Look After My Bills is an efficient and user-friendly way for consumers to switch supplier in industries such as energy and insurance etc.
The pitch secured the company £120,000 for just 3% of their business.
Monzo’s vision to be the ‘go to financial hub’ may face more competition to that title from businesses outside the challenger banks we are mostly obsessed with.
Thoughts?