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.K. challenger bank entirely at the end of the month, staff were informed earlier today. 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. 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 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’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.. January 20, 2021, … 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. Monzo, valued at £2 billion, wants to take on higher-priced traditional lenders, the report said. Tom Blomfield started Monzo in 2015. Tom Blomfield, who … Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic 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. 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. Monzo founder Tom Blomfield will leave the UK challenger bank completely at the end of the month, staff were briefed today. 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. challenger financial institution, citing "challenges" Monzo founder, Tom Blomfield, has announced his departure from the challenger bank, after founding the fintech back in 2015. Five years later, the digital bank's bright coral pink cards are now a common sight in London. The challenger bank, which he co-founded in 2015, may not have 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… Tom Blomfield announced on Wednesday night that he is exiting Monzo for good. 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. But then Monzo is no ordinary bank. Monzo founder Tom Blomfield is departing the U.Okay. Open Links In New Tab. 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. 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, 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. Monzo Founder Resigns Due to Stress and Burnout Likes Tom Blomfield is no ordinary bank CEO. The co-founder of the online bank Monzo has made the decision to leave the company in order to focus on his mental health. The challenger bank, which he co-founded in 2015, may not have been the … However, having been … — 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. TechCrunch reported on Wednesday night that Monzo staff had been informed of Blomfield… Tom Blomfield announced on Wednesday night that he is exiting Monzo for good. Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. 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. 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 … He held the position of the CEO till last May, post which he assumed the newly created role of president. 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. 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. 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. 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. Even so, to be the second youngest founder of a bank in the world is not bad going. Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he… 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 … Share Tweet Share Share Share EmailTom Blomfield, founding father of Monzo, is leaving the U.Okay. Tom Blomfield, head of one of the UK’s most well-known fintech unicorns, is departing the company to “enjoy life again”. Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. By Isabel Woodford 20 May 2020 challenger financial institution fully on the finish of the month, workers have been knowledgeable earlier right now. 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. Mobile Archives Site News. Image source: Tom Blomfield/Monzo. UK-based challenger bank Monzo’s founder Tom Blomfield is reportedly quitting the company at the end of the month, according to media reports. 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