Monzo founder Tom Blomfield is to quit the digital bank
Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, TechCrunch reports. 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.
In a brief but candid telephone interview, Blomfield also revealed that, as well as being unhappy during the last couple of years as CEO when the company scaled well beyond a “scrappy startup”, the pandemic and subsequent lockdowns exacerbated pressures placed on his own mental well-being. “I’m very happy to talk about what’s gone on with me, because I don’t think people do it enough”, he says.