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This is what Monzo is planning next


TS Anil describes his first year as chief executive of Monzo as a storm. Since he was appointed to lead the challenger bank in May 2020, he’s been running it remotely from his home office halfway across the world, all while the business went through an existential crisis.
“In hindsight, it all feels pretty daunting,” he says. Anil has recently moved back to London, but before then he was in Palo Alto, California, working from 3am to match UK time and reassure staff, whom he had never met, that he was in control.
It was a hard task. Shortly before he became CEO, Monzo made 285 people redundant, shuttered its Las Vegas office, and furloughed a further 295 people in the UK. Plummeting activity from its customers forced Anil to seek between £70 million and £80m in funding to see Monzo through the pandemic, causing its valuation to be slashed by 40 per cent. In the background, we now know that former CEO and founder Tom Blomfield, who had taken on the role of president, ....

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Monzo USA Gets New CEO, Former Bank of America Senior VP and Keybank Executive: Report


Monzo USA Gets New CEO, Former Bank of America Senior VP and Keybank Executive: Report
February 11, 2021 @ 10:01 am By JD Alois
Monzo, a UK based digital bank that recently raised £50 million as part of a Series G extension, has appointed a new CEO for the United States, according to a report.
Monzo has been going through a period of transition as founder
Tom Blomfield fully exited the company recently after parting with the CEO title in 2020. Blomfield was replaced by then US CEO
TS Anil so the Fintech was due to find someone to lead North American expansion plans.
According to Techcrunch, Monzo has selected ....

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Community continues holiday generosity


OKANOGAN – Community members continued their holiday generosity this year, despite economic and personal setbacks from COVID-19.
Several holiday giving projects received donations that allowed organizers to provide holiday meals and gifts to community members in need.
The Omak-Okanogan Community Basket Project turned out to be better than anticipated, said co-organizer Constanza Smith.
“The community was amazing,” she said. “Once more, our wonderful community came together, and we were able to help numerous families in need. This year it was completely different for all those involved. Smaller in scope and size, but still serving a large need.”
On Dec. 19, the Omak-Okanogan Civic League/Omak Kiwanis Club project gave out 185 baskets, serving 761 people. ....

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