Episode 130 – Monzo Part 1: How to Build a Bank

December 21st, 2016 · 41 mins 58 secs

About this Episode

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In this episode

Field trip! This week we geek out at Monzo’s headquarters in London. Monzo is one of our favourite challenger banks, which they’re building from the ground up with help from thousands of customers. Their tagline: ‘Finally, a bank as smart as your phone.’ In this episode, you’ll learn how to build a digital bank Monzo style. Our guests:

“Everything has originated from a very, very small group of people, a year and a half ago,” Jonas says. “We had these very first prepaid cards, and we started inviting technology-savvy people in London to our offices for a hackathon to build cool things. We had a few hundred people like that, and then they told their friends, and then they told their friends…People would still consider themselves to be the members of a community as opposed to the users of a card that gives you free foreign transactions.”

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The post Episode 130 – Monzo Part 1: How to Build a Bank appeared first on 11FS.

The post Episode 130 – Monzo Part 1: How to Build a Bank appeared first on 11:FS.