Product expansion plans?

[alexs (Alex Sherwood)]

Carrying on the business model discussion, according to this article -

On Good Account [Interview with Tom] - Business Life magazine - BA

Here’s a profile of Tom which was found by @SladdinCJ (hopefully you’ll be able to read this, if you click on the image to zoom) [image] [image] https://twitter.com/SladdinCJ/status/829002995610288128 Edit - I replaced the original image with a better quality version. In case anyone’s keeping track, the original link had 13 clicks…

Blomfield will need about 400,000 of them [users] to break even

I’m assuming that’s 400k users combined with the overdrafts product, as Tom mentioned here -

Rethinking Banking - Marketplaces and App-Only Banks - London FinTech Podcast

An in depth interview with @tom for the new year from the London Fintech Podcast. Reformation or refactoring of banking is the Holy Grail of the Fintech Revolution. Do that and the revolution is a big deal. Get nowhere near and its all rather marginal. So-called challenger banks have ended up rather same-y. Will “App-only” banks end up going down the same route forced my micro-regulation and micro-supervision into the same tight mould. Or will they somehow remain within the constraints …