TS Anil, CEO @Monzo: From Layoffs, Downrounds and Low Employee NPS, To $1BN in Revenue | E1254

what does that look like in terms of how monzo fundamentally makes money a third is transaction based revenues interchange FX and so on the third is on

balance sheet lending when customers take out an unsecured borrowing product from us loan or an overdraft or monzo

flex and then the last onethird is what I describe as good fees and I say good fees because this is not stuff we make

money when customers make mistakes it's not gotcha fees these are fees like subscriptions when someone takes out a subscription product from us or on the

marketplace of the original Mortgage in the future includes the interest margin that we make on the savings product ready to