The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
20VC: Monzo: The Greatest Turnaround in Tech: From £40M Revenues, Layoffs, Downrounds and Low Employee NPS to $1BN in Revenue, Profitable and 10M Customers with TS Anil, CEO @ Monzo
13 Feb 2025
Full Episode
This is 20VC with me, Harry Stebbings, and today we feature what I believe is one of the greatest turnarounds in modern tech. When TS and IL took over Monzo, they had very little runway, they had a 40% down round, mega layoffs and very poor NPS for employees, with just 40 million in revenues.
Today, they are the leading UK digital bank, they have 10 million customers, they have a billion in revenue and they are profitable, What an insane journey with TS at the helm. And today, he joins us in the hot seat to unpack it. This is a very special episode.
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