We want to build a financial control centre for a billion people and we know that not everyone will want to move all their accounts to monzo straight away.
With PSD2 and open banking it’s becoming increasingly common to see banks and other services using “Account Aggregation Services” to let people add all their different bank accounts to one app.
Some of these services use your old banks APIs, but if your old bank doesn’t have an API these services can also use your username and password.
We don’t love the idea of asking for your other banks password, and eagerly look forward to a future where we don’t have to… but would you, our customers like the option to add other bank accounts to your Monzo now?
So let me know, If adding accounts at other banks, credit cards and loyalty cards to Monzo was an option, would you trust us with your passwords? Is this a thing you’d use?