Category: monzo
Monzo CEO won’t take salary for 12 months after limited number of staff offered voluntary furlough
Monzo, the U.K. challenger bank with over 4 million account holders, is taking a number of precautionary steps to help see it through the current coronavirus downturn, including voluntary furloughs and its CEO forgoing a salary, TechCrunch understands. In an internal company-wide memo issued by co-founder and CEO Tom Blomfield,…
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GC’s Niko Bonatsos on Y Combinator, edtech and investing in the shadow of coronavirus
‘Assume that your budget and everything is going to get recut’ Danny Crichton 7 hours This week, Extra Crunch hosted a call with General Catalyst managing director Niko Bonatsos to discuss a number of startup topics, including what the novel coronavirus is doing to investing in the Valley, as well…
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Monzo launches free and paid-for business bank accounts
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which…
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Could lessons from the challenger bank revolution kick-start innovation on the climate crisis?
Now that the world is swimming in data we may be able to address the climate and environmental risks to the planet. But while there is plenty of capital to invest in things like ClimateTech, a lot of the data that’s needed to tackle this big issue is badly applied,…
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European founders look to new markets, aim for profitability
To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along with their predictions for 2020. We asked for blunt responses — and we weren’t disappointed. These responses…
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US regulators need to catch up with Europe on fintech innovation
Alastair Mitchell Contributor Alastair Mitchell is a partner at multi-stage VC fund EQT Ventures and the fund’s B2B sales, marketing and SaaS expert. Ali also focuses on helping US companies scale into Europe and vice versa. More posts by this contributor Europe shows the way in online privacy Fintech companies…
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