But it's true that we're intending to stay relatively balance-sheet light - the aim is to offer a "financial hub", plugging in third-party products to a central current account (or "checking account" for our US friends).
I like this approach; feels very unix-y in philosophy. I am in the position where I'm undoubtably going to need to become an adult soon, and the prospect of going back to traditional banks makes me ill.
But it's true that we're intending to stay relatively balance-sheet light - the aim is to offer a "financial hub", plugging in third-party products to a central current account (or "checking account" for our US friends).
(I'm the CEO of Monzo)