Monzo Makes Money Work For Everyone
Y Combinator
DECEMBER 8, 2021
Scaling a consumer-focused financial platform—that is also now the primary bank account for millions of UK consumers—in the midst of a once in a century pandemic is close to impossible. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. This did not happen by magic. Banking is a ubiquitous but hard to crack industry.
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