We're saying goodbye to Tom 😢

Monzo’s big fry VC’s seem to say it pretty consistently

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Characteristic candour from Tom. I’m keen to see what next for him and what for Monzo.

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Good luck on your future endeavours Tom, you did an amazing job building Monzo from the ground up and really changing how banking works.

Monzo has helped so many people take control of their money, understand budgeting and saving etc

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Funnily enough I was paraphrasing something one of our investors said earlier today…

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If you’re happy to share, how did the news go down at Monzo, Dan?

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Probably not as a surprise, I would think.

All the best for the future Tom.

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I guess we’re all feeling a little bit torn! I mean like Tom is Tom, right? But it was fairly obvious how exhausted he was earlier this year and today he was laughing and smiling and you could tell he was much happier than he had been.

So of course we’re really sad he’s moving on, but at the same time that he’s found his happy place.

Tom is inspirational and the candour with which he talks about how he felt, the way he approaches the problem he was having, the advice he gave for other people in the same situation. He’s incredibly self-aware, and is so passionate about people and the product that his enthusiasm and approach to work rubs off on everybody. He inspires people every time he opens his mouth.

I remember doing my training in Cardiff, grabbing a beer from a fridge and listening to Tom speak in the company All Hands. I mean I’d never worked anywhere that made the time for the whole company to get together once a week for an hour and here was the boss answering some difficult questions (I asked one about Monzo Plus and the situation with that (bearing in mind this was August 2019!!) and I was like - what on Earth? Is this some surreal universe where leadership listen and speak their mind?

There just really aren’t any words to describe the respect that people have for him. We have a slack channel where people can chat during All Hands (and has been used a lot more since we closed the offices and everything moved remote… thanks COVID) and there were a lot of :hot_coral_heart: emojis being shared throughout.

Monzo is in great hands though, TS is absolutely fantastic - he gets Monzo and what makes Monzo tick and he’s passionate about the mission. Sujata is a real people person, she’s spearheaded some changes which are making a big difference to employees across the company.

So on balance, as Tom said it is bitter sweet but I’m sure he’ll not be a stranger.

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Having been an investor for 30 years - I’ve seen long-term strategies come and go. Often the staff find out with the public…

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Can something be simultaneously a shock, but not a surprise? :thinking:

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There are no certainties, sure. And I think that Monzo folk know that. Could you accept, though, that this was the message from today? I’m sure you’ll agree that today’s news would have no marked impact on exit?

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Oh definitely.

Don’t forget too that there are lots of staff who are investors and that we also get share options as part of our employment and so there’s always an incentive to be able to cash that in!

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A bank isn’t one person at the end of the day. So long have a nice life doing whatever it is you want to do next.

Here’s hoping that there’s a renewed focus now from the top down.

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Fair play for the candour and openness, he should be unbelievably proud of what he’s done, and has left the bank in good hands.

Interesting to see revenues are growing even in the pandemic as part of the TechCrunch article, so good news among the sad

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Forever be Tom Monzo to me

It’s good to see someone in a senior position talking about mental well-being.

All the best Tom.
If Monzo can become a true challenger to the current account market then I’m sure you will reap the rewards - psychological speaking.

Anyone has any idea of what’s cooking in Monzo ?

As a long standing customer all I’d say is fair play to him for what he’s helped to achieve with Monzo and best of luck for whatever he decides to do in the future.
For me,in helping to start Monzo he’s done me so many favours as regards my banking.

Good luck Tom and thanks. :clap:

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:cry:

TomBank*

*Those who know, know.

Good luck @anon91821566 in wherever life post-Monzo takes you. Thanks for shaking up banking, and helping many of us get a grip with our finances.

I hope that Monzo retains the ethos and direction you started with Mondo, without you at the front!

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