article thumbnail

An interview with Tom Blomfield, co-founder of Monzo

Chris Skinner

After studying law at Oxford, he went back to business and is now Co-Founder and CEO of digital bank Monzo. At university I started a company that went onto Y Combinator in 2007, but I had to leave at that time. I think the word FinTech wasn’t yet around. Tell us a little bit more about your history prior to Monzo.

Study 283
article thumbnail

10 Banking Channel Metrics That Have Dramatically Changed in 10 Years

Gonzobanker

It shouldn’t be hard to convince you that the banking industry has changed dramatically over the past 10 years. With the publication of the 2017 Cornerstone Performance Report for Banks , we decided to look at how banks’ operational performance has changed over the past 10 years, as well. Contact center.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fidor Bank Closing In on U.S. Launch

Bank Innovation

Fidor Bank is closer to its U.S. launch, but is still missing a critical piece to complete its services: a bank charter. Fidor began in Munich in 2007, and gained traction as a digital bank during and after the financial crisis. It has routinely been hailed as one of the most Read More.

article thumbnail

Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Long before fintech was a thing (1995), I launched the first, and by most measures the biggest, newsletter during the first two decades of online/digital banking. It was called Online Banking Report and was read by a sizable portion of major industry players.

article thumbnail

Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

Consumers have been banking online for 28 years. And from the very beginning, there have been pure-play digital banking startups. The first, online bank Security First Network Bank (SFNB) launched in 1995, just a year after Amazon.com. But unlike ecommerce, digital-only banking was slow to catch on.

article thumbnail

1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

get the building the bank of the future report. Download the free report to find out about the rise of digital banking, challenger bank strategies and how incumbents are fighting back. oVER 20 Fintech startups with 1m+ customer accounts. Series A in 2007. First to disclose an equity raise: EToro raised a $1.7M

Fintech 64
article thumbnail

Fintech Winners: Watch 6 Finovate “Best of Show” Startups from 2021

Fintech Labs Insights

Launched in a midtown (NYC) basement venue in 2007, Finovate* now organizes 4+ shows annually where fintech startups (as well as a few bigger companies) show their technology in no-Powerpoint 7-min live(ish) demos. Online Digital Banks for Small Businesses (SMB) May 2021. raised $200M Series B in January 2021.

Fintech 15