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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

2022.803 - 2039.674 TS Anil

Well, because it's correlated with the high ARPUs that you see. Those are average ARPUs. You can imagine what the highly engaged customers, even within the base, disaggregate that, what those outputs look like. So engagement drives greater economics for the product itself, but also the ability to buy more product from Monzo.

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