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Friday, September 12, 2025

Ep. 168. Interview: Tom Blomfield – CEO, Monzo

From pre-paid card to fully fledged Current Account, Tom Blomfield details the journey of UK challenger bank Monzo with great enthusiasm and vibrance.

Tom talks our host Simon Taylor through Monzo’s viral growth and how their marketing team has managed to grow the company 1000% in the last year alone, on a very limited budget. ‘I don’t think we’re a million miles away from the mainstream’ is a great quote and highlights the ambition of the challenger bank, as we discuss Monzo’s roadmap for the future.

Regulation has been a hot topic to kick off 2018 and so you won’t be surprised that PSD2 is much discussed throughout the interview. Indeed Tom gives his opinions on how large banks and open banking will be impacted by the regulation.

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