Not sure if this has been considered before, apologies if it’s a re post. But I had a really interesting discussion with a friend about the potential for Monzo to help fight global financial equality. As people in LEDC’s tend to have less access to centralised banking and the rate of smartphone ownership & internet access even in poorer parts of the worlds is growingthis could be a route to give people accessible banking and the overall benefits this could bring. In Sub-Saharan africa Mobile banking usage is high and the effects of financial inclusion are pretty well evidenced
Probably something everyone has thought about buy yeah could make Monzo a massive force for good in terms of helping global development
Sources: -Would have linked more but couldnt 