As one of the earliest adopters it’s been heartwarming and exciting to see how the Company AND the Community has grown big and HEALTH!
It is - and will always be - a privilege to be a Monzonaut.
Big thank you to every single person (from Monzo and the venue) who contributed to this triumphant moment of sharing the Future of Monzo.
Keep this startup spirit, learn from fail, celebrate success, keep on listening and… the growth will come inevitably!
So many highlights from today. The financial crime talk way impactful and amazing.
And I particularly enjoyed @zancler’s insights into how they design, and some thoughtpieces about how Monzo might approach different markets where cash is king:
This really needs context so do watch the video when it comes online, but these aren’t necessarily things that they’ll ever do, just an explanation of the thinking and trade-offs between different approaches.
I think it was Simon or Tom who said up front that Monzo is currently about eating your vegetables - making sure that everything works and that they’re improving the basics.
But at the same time they’re preparing for the future. Monzo 3.0 was all about the groundwork for that. And then we have this sort of fantastic thing where they are proactively thinking about other markets and how the product might evolve.
These dual tracks, together with Tom’s rearticulation of Monzo as a platform for aggregating financial services, ultimately becoming the one place where you can see everything together - and which will proactively help improve your financial life to the point where will it be economically irrational to not use Monzo - went to show just how much thought and effort is going into this company.
No questions about an IPO. Tom mentioned that the plan is to list in the next few years - then paused and reiterated for any journalists present that he wasn’t making an announcement and it’s a good few years off.
He also rattled through recent valuation (£2bn) and share price (which I didn’t catch but I think was the last one we’d heard about on here).