Yeah, I’ve read that.
I don’t really think it explained it at all.
His point about custom categories under ‘2.’ there is that they couldn’t see top level data…which has what purpose? A couple of vaguely amusing infographics at the end of each year and maybe telling me how I compare to people?
Which, big whoop? Serves far less purpose than allowing us to tailor our data and reporting to ourselves, which surely is the entire bedrock of monzo’s DNA and practically it’s raison d’être. And if that’s the only reason, they still have their algorithms or whatever sorting stuff into things automatically, so that could happen on the backend, and if I want to move KFC into junk food as a subcategory of eating out, they still have the data for their huge eating out category anyway. Doesn’t have to affect them at all.