Saturday, February 4, 2023

Monzo is reaching out

By DAC000 , in Fintech Monzo Open Banking , at September 3, 2020 Tags: , ,

for your money, if you’re a customer, with two new fees hitting some users after October 31st. Seems focused on cash withdrawal and those prone to losing cards, Monzo is basically dividing it’s users into two groups — those who use their services for spending and those who use the service as a core bank account. First step to profitability: stopping the losses. About a three minute read.

Comment: once upon a time, in a reality far away from The World of Fintech, investors required start-ups to clearly outline and plan their path to profitability. Once upon a time.