I’m somewhat surprised about the recent shift in focus. At the beginning of the year the plan was quite different, as compared with after the reorienting Monzo thing happened (which I, personally, wholeheartedly support). However, in those plans from the beginning of the year “Build new partnerships” was a large, notable item, and around that time there was quite a lot of momentum around it. Looking at the annual report there is no mention of “partnerships” at all, and the only mention of “marketplace” is to somewhat subtly downplay that phrase and reorientate towards “Monzo makes money work for everyone”.
So, in short, my question is: have you at Monzo decided that the partnerships / marketplace isn’t going to be the main revenue stream anymore? (Perhaps because they bifurcate into those that are a race-to-the-bottom, and those that are hugely complex and thus not comparable to one another?)