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Monzo CEO Provides Insight on Fintech Banking Market
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Monzo CEO Provides Insight on Fintech Banking Market

Monzo CEO Provides Insight on Fintech Banking Market

Fintech Nexus Staff·
EuropeFintechNews Roundup
·Feb. 17, 2017·1 min read

Monzo’s CEO talks about the digital bank’s growing business in an interview with TechCrunch; the firm was recently granted a UK banking license with some restrictions; the digital bank has 100,000 users with activity driven by pre-paid Mastercards and mobile applications; Tom Blomfield gives his perspective on the fintech banking market and new PSD2 regulations; Blomfield also confirmed Monzo has already turned down an acquisition offer from a major bank.  Source

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