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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

1547.549 - 1561.473 TS Anil

And we pulled out of that process when it felt like regulation there was unlikely to grant any fintech players licenses. So we pulled out of that process. That was the sort of first version. Was it the right decision to pull out? Oh, totally. Because I mean, nothing has moved on the regulatory front on that in the couple of years or three years, even since we pulled out.

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