4 ms·
Monzo loan book is currently about £10m. But it's true that we're intending to stay relatively balance-sheet light - the aim is to offer a "financial hub", plu
by tomblomfield 8y ago
Monzo loan book is currently about £10m.
But it's true that we're intending to stay relatively balance-sheet light - the aim is to offer a "financial hub", plugging in third-party products to a central current account (or "checking account" for our US friends).
(I'm the CEO of Monzo)
- Sholmesy 8y agoI like this approach; feels very unix-y in philosophy. I am in the position where I'm undoubtably going to need to become an adult soon, and the prospect of going back to traditional banks makes me ill.