Out of interest, do you have a source for that figure?
We know that
& one of the Monzo team estimates that
& those are the sorts of revenue streams that will be hard to replace.
Well it has been figured out - simply charge a referral fee or take a portion of the provider’s charges - it’s just that the marketplaces haven’t properly launched yet.
It’s not hard to see that the model works though, just look at how successful Apple’s app store is, for example.