Monzo's Tom Blomfield on lie-ins, video games and finding his zen. In addition, the senior management team and the board has volunteered to take a 25% cut in salary, and co-founder and CEO Tom Blomfield has decided not to take a salary for the next 12 months. Let's check, How Rich is Tom Blomfield in 2019-2020? Last week, it was reported that Monzo is closing in on £70-80 million in top up funding, to help extend its coronavirus crisis runaway. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Business Executive Tom Blomfield's net worth is $1-5 Million at the age of 34 years old. However, the company has reportedly had to accept a 40% reduction in its … The chief executive of app-only startup bank Monzo is waiving his salary for 12 months due to the coronavirus pandemic. Tom Blomfield told Monzo employees in a company-wide email that he would forego his salary and other senior managers and board members would take a 25pc salary cut. Staying directly in touch with… “This is one of the more left-field moves I’ve seen,” one bank executive told Sifted, also questioning … Five years on from co-founding Monzo, UK CEO Tom Blomfield has stepped down to take up a new role as President. Anil will also have an eight-hour time difference between the US and its main HQ in London. In March, the senior management team at Monzo and board volunteered to take a 25% cut in salary and hundreds of employees have been furloughed. Tom Blomfield estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below. Monzo has always presented itself as customer-centric. He is from … British entrepreneur Tom Blomfield is stepping down as UK chief executive of Monzo, the digital bank he co-founded, as the popular fintech battles severe headwinds as a result of the pandemic. Like other banks and fintechs, the coronavirus crisis has resulted in Monzo seeing customer card spend reduce at home and (of course) abroad, meaning it is generating significantly less revenue … TechCrunch reported on Tuesday that Tom Blomfield had told staff in a memo that he was forgoing pay for a year. He earned the money being a professional Business Executive. Additionally, the senior management team and the board volunteered to take a 25% cut in salary, and co-founder and CEO Tom Blomfield decided not to take a salary for the next 12 months, the report said. Other senior managers and board members will also voluntarily reduce their pay by 25%.
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