Monzo founder, Tom Blomfield, has announced his departure from the challenger bank, after founding the fintech back in 2015. Tom Blomfield is no ordinary bank CEO. Monzo’s co-founder, Tom Blomfield, has left the challenger bank’s board, according to a Companies House filing. About Monzo … Monzo’s founder has also opened up about his “struggle” through COVID-19. 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 year to save costs amid coronavirus. Monzo in 2020: looking back and looking forward. The two have made progress with the fintech’s financials. The challenger bank, which he co-founded in 2015, may not have been the first UK … The challenger bank, which he co-founded in 2015, may not have fintechfutures.com/2021/01/santan…, A thing apart More than five years after starting the company, Monzo co-founder Tom Blomfield is stepping down as CEO of the U.K. challenger bank to take … The soon-to-be former president realised he was “doing too much and not enjoying it”, acknowledging that the “scrappy start-up” days were officially over. Monzo HQ 9 January 2020 . Monzo founder Tom Blomfield has announced he is leaving the challenger bank after he stopped enjoying his role.. Blomfield, who co-founded the bank in 2015, announced in May 2020 that he was stepping down as CEO and would take on the role of president. Five years later, the digital bank's bright coral pink cards are now a common sight in London. 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. Innovation in commercial lending with special guest, Dean Snyder, EVP at AFS. Tom Blomfield, founder of Monzo, is leaving the U.K. challenger bank, citing "challenges" from the pandemic, a report from TechCrunch says. The founder of Monzo has said he stopped enjoying the company’s top job around two years ago as he announced he was leaving the challenger bank. However, having been given … It’s time to “hand over the baton”, Blomfield told TechCrunch this week. Monzo cofounder Tom Blomfield is stepping down as chief executive of the UK challenger bank as the coronavirus pandemic continues to bring added pressure to the fintech sector. fintechfutures.com/2021/01/vc-inv…, . TS Anil, who took over as CEO back in May at Monzo, has steered the fintech through COVID-19 alongside Sujata Bhatia, who joined the challenger as chief operating officer last year. The filing states that the termination occurred on 17 June 2020, nearly a full month after news of Blomfield’s new role broke. The digital-only bank now has nearly five million customers and 300 staff at its offices in London and around the world. Tom has 5 jobs listed on their profile. His sentiment hasn’t changed. 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. America may have just gained a new president, but London fintech Monzo has lost theirs. Monzo in 2020: looking back and looking forward. fintechfutures.com/2021/01/female…, Raiffeisen Bank International [@RBI_Presse] invests in a Romanian start-up Finqware, [@FINQware] which is driving o… twitter.com/i/web/status/1…, Tom Blomfield [@t_blom] exits @monzo and opens up about mental health during COVID-19 Tom Blomfield / Monzo CEO. View Tom Blomfield’s profile on LinkedIn, the world’s largest professional community. While at Oxford, he received a £1,000 prize from a business plan competition, proposing an "eBay for students" in 2004. TechCrunch reported on Wednesday night that Monzo staff had been informed of Blomfield… “I stopped enjoying my role probably about two years ago,” he told TechCrunch this week. The challenger bank, which he co-founded in 2015, may not have been the first UK … Alternatively, post a comment by completing the form below: Your email address will not be published. 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