From prepaid card to fully fledged current account, Tom Blomfield details the journey of UK challenger bank Monzo. Article by Laura Watkins and Simon Taylor for 11:FS.

Monzo went from strength to strength in 2017, from smashing funding round records, garnering praise for weathering the storms of outages eloquently and transparently, to being hailed by Mashable as a byword for a chat-up line in London’s bars.

Now equipped with a banking licence and, in his own words, having grown “1000%” in the last year, Tom Blomfield’s Monzo is in a very different place and preparing to get bigger and better in 2018, than when he first appeared on Fintech Insider in February 2017.

Simon Taylor asked the questions to get the inside scoop of what’s coming next for the bank behind those hot coral cards.

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About the author


11:FS is a "digital transformation agency" that believes banking should be about more than selling financial products. It is co-founded by David Brear, Jason Bates, Ross Methven, Meaghan Johnson and Simon Taylor. 11:FS produces FinTech Insider, and provides services such as 11:FS Pulse, 11:FS Ventures and 11:FS Talks.

About the author

Simon Taylor

Simon Taylor is co-founder and director of blockchain at 11:FS, and previously worked with Barclays and TSYS. He is a regular name on various fintech 'powerlists'.

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