- What would you say the coolest part of your job is
All the amazingly cool people I can talk to about anything related to finance
- How have you found working from home?
I imagine it will be much better when I actually get a desk & chair, but sadly Ikea is going to take a month & a half to ship that to me I visit the office sometimes though, it’s really nice!
- What do you think Monzo will look like in 5 years’ time?
I’m not sure, we have a lot of innovations coming out this year that’ll change the game again, and we’ll continue to have innovated
I am personally hoping for more programatic use cases. As Monzo continues to grow in other countries, there’s new problems we have to face. One of the major problems Americans face (at least from talking to them in Discord, I don’t actually know if this is what the US team thinks) is lack of Plaid support.
Instead of open banking, they use a private company called Plaid to do their stuff (like connect to budget apps, whatever else you may want to connect your bank to)
I think the Monzo API is a very great idea, I can see the industry moving to “stacks” like how there’s technology stacks. No one uses one tech for everything, we now use stacks (like react + node, etc).
The same can be said for finance, one person can use YNAB for budgeting, another can use Freetrade for investing etc. There’s budgeting apps for people in debt and then there’s budgeting apps for people who want to FIRE (financial independence retire early)
By creating a better and more open API, customers would no longer have to find “the absolute best bank that does everything perfectly” but the bank that fits nicely into their stack.