Monzo, valued at £2 billion, wants to take on higher-priced traditional lenders, the report said. Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. The challenger bank, which he co-founded in 2015, may not have been the … Monzo is seeking to fundamentally change the way banking is done and challenge a lot of assumptions about the way people want to interact with their money. challenger financial institution, citing "challenges" Blomfield held the role of CEO until May last year when he… Monzo Founder Resigns Due to Stress and Burnout Likes Image source: Tom Blomfield/Monzo One of the most well-known UK fintech CEOs Tom Blomfield, co-founder of Monzo, is leaving the leading neo bank, citing personal pressures heightened by the pandemic among other reasons. Open Links In New Tab. However, having been … Monzo chief executive Tom Blomfield (image: Monzo) Monzo founder-turned-president Tom Blomfield is stepping down from the digital bank, saying the pandemic has taken a … Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. The co-founder of the online bank Monzo has made the decision to leave the company in order to focus on his mental health. Image source: Tom Blomfield/Monzo. Tom Blomfield is no ordinary bank CEO. Tom Blomfield will step aside from executive leadership of Monzo, a smartphone-based digital challenger bank, and enter the newly created role of president. Blomfield said he … The challenger bank, which he co-founded in 2015, may not have Share Tweet Share Share Share EmailTom Blomfield, founding father of Monzo, is leaving the U.Okay. He held the position of the CEO till last May, post which he assumed the newly created role of president. Monzo cofounder Tom Blomfield stepping down as CEO The cofounder will now take on the role of president at a difficult time for the challenger bank. Tom Blomfield announced on Wednesday night that he is exiting Monzo for good. Monzo founder, Tom Blomfield, has announced his departure from the challenger bank, after founding the fintech back in 2015. Monzo founder Tom Blomfield will leave the UK challenger bank completely at the end of the month, staff were briefed today. Tom Blomfield, the boss and founder of digital bank Monzo is quitting the company at the end of this month, and admitted he stopped enjoying the job around two years ago. Tom Blomfield, founder and CEO of Monzo Bank, a bank that threatens to disrupt the entire western retail banking scene, says someone even younger than he has founded a bank in Brazil. Tom Blomfield, head of one of the UK’s most well-known fintech unicorns, is departing the company to “enjoy life again”. Monzo’s co-founder Tom Blomfield made headlines back in May when it was revealed that he would step down from his role as CEO and become President of Monzo.. challenger financial institution fully on the finish of the month, workers have been knowledgeable earlier right now. Tom Blomfield, who … But then Monzo is no ordinary bank. UK-based challenger bank Monzo’s founder Tom Blomfield is reportedly quitting the company at the end of the month, according to media reports. Blomfield held the function of CEO till May final 12 months when he assumed the newly created title of president and resigned from the Monzo… Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Mobile Archives Site News. Tom Blomfield, the founder of startup bank Monzo, is leaving the company at the end of the month, citing struggles with pandemic-related stress and frustrations leading a large bank. — Tom Blomfield (@t_blom) January 20, 2021 The digital-only bank now has nearly five million customers and 300 staff at its offices in London and around the world. Tom Blomfield, the 34-year-old founder and CEO, told Reuters he expected Monzo to top 2,000 staff this year, up from 1,500. Tom Blomfield Steps Down as Monzo CEO Tom Blomfield (third along) talks at TechCrunch Disrupt Berlin 2017, alongside Revolut CEO Nikolay Storonsky and N26 CEO Valetin Stalf. Blomfield held the role of CEO until May last year, when he assumed the new title of president and stepped down from the board of Monzo. The move meant Blomfield would no longer be part of the executive leadership team at the digital bank, stepping into a more community-focused role. Blomfield co-founded Monzo back in 2014 and held the title of CEO until May 2020 when he moved to a new role of President. Even so, to be the second youngest founder of a bank in the world is not bad going. We’ve got a great episode today with Tom Blomfield (@t_blom), co-founder and CEO of Monzo (@monzo), a new, digital-only challenger bank in the UK. Monzo co-founder Tom Blomfield is standing down as chief executive to take up a new position as the payment company’s president, after waiving his salary for a … Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Monzo founder Tom Blomfield is departing the U.Okay. By Isabel Woodford 20 May 2020 Tom Blomfield started Monzo in 2015. His exit is set to come into effect at the end of January, and follows Blomfield’s decision to move roles in May, from CEO to president. Steve O'Hear / TechCrunch: Tom Blomfield, founder and president of UK digital bank Monzo, is leaving the company at the end of Jan., says he's been unhappy since it scaled beyond startup. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. Tom Blomfield announced on Wednesday night that he is exiting Monzo for good. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. The digital-only bank now has nearly five million customers and 300 staff at its offices in London and around the world. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. 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