📰 Monzo CEO Tom Blomfield on the future of the banking industry - bobsguide


(Alex Sherwood) #1

Another interview with Tom - who’s obviously drumming up interest during the latest funding round / getting ready for the crowdfunding.

He talks about:

  • His background
  • Monzo’s growth & what’s driven it
  • The differences between starting GoCardless & Monzo - ease of raising capital & overcoming similar challenges
  • Which other apps he uses
  • “I think if we do our jobs right, it will make some of the high street banks extinct.”
  • The problems with the legacy banks & how PSD2 might enable challengers to address them
  • Monzo’s most useful features
  • What’s next for Monzo
  • Will Monzo offer savings accounts?

what we want to provide is almost like a comparison site in an app, that works like a financial control centre. Whatever you want to accomplish, we’ll help you go out to the market, find the best product or service, buy it and manage it all through the Monzo app. So you know you’re always getting the best price and that customer service, even though it’s not Monzo branded.

:neutral_face:

  • Who is Monzo for?

(system) #2

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