Building the bank of the future with Monzo, N26, and Revolut | Disrupt Berlin 2017

Monzo, N26 and Revolut want to build the bank of the future and disrupt the entire financial sector. Tom Blomfield (Monzo), Valentin Stalf (N26), and Nikolay Storonsky (Revolut) dive deep into fintech at Disrupt Berlin.

[@CouchInvestor]

Fast forward 4 years and Revolut can eat Monzo for breakfast lol. Nikolay sat there and was already visualizing the day his company would be worth 10x more than these two

[@xv179]

33B valuation (2021) vs 1.2B valuation (2020) ... :D

[@CouchInvestor]

@@xv179 Yup, that's what happens we you grow at hyper speeds

[@80amnesia]

yeah revolut is mega

[@angelm6092]

Ha ha Revolut nailed it in the end with free cards for all in the audience. Nice offer!

[@jsabra89]

Big undersell for Revolut, it was really the first of it's kind making sending/exchanging currency such an easy task!

[@zedrockiby]

This is one of the funniest interviews I’ve watched

[@TheSatisfieds]

N26 talks too much, very proud of himself. Revolut is leading the boat Nikolay doesn't even need to say a thing to be the best.

[@liquidpodcast]

TheSatisfieds 10/10 :)

[@LemonChieff]

Funny how loud he can be when it's not customer support… Shit service. Stay away.

[@AthensStyle]

N26 are the Best 💜

[@heatherking3391]

The real fraud and SCAM of the year includes 'bank' MONZO - they have blocked accounts, 'glitched' app data so you can't use your app, had privacy issues with people's PINs and removed access from the public in the thousands due to internal problems as big as not having enough cash flow and incompetent staff. Experience it yourself with their useless customer service and changing a new person each time you speak to someone. Tom Blomfield is a SHAM - on the BBC WATCHDOG and also banking authorities having hundreds of complaints. The ones with moving money in eg. work money they're keeping open for longer until they need more dough.

[@nutrilook]

Happy with Revolut ! keep up the good work

[@dmitrysh.5899]

Nikolay is the best! Very good answers​!

[@grahamjohnson4702]

Did he give any, I think he was the most silent of the 3. I am a revolut user and wanted more from Nikolay thank you.

[@brianfung5855]

8:00 Look at what Tom says and then Nikolay's face... the two seem to have a lot of tension?

[@Geekanised]

Well to be honest, personally in my opinion, behind the scene the most valuable think is to show a real results with a real numbers, i mean less words and more things that are done. Tom and Valentin seems to be more like they were on a stage to sell their product doing marketing stuff while Nikolay's answers were very short and exact with a global approach. So, yes, for me Revolut still stands in top of the list .

[@lesdancey7281]

CRIMINAL - STAY AWAY FROM THIS BANK! I used this bank for four years and had nothing but praise for them - BUT THEN !!! N26 bank confirmed to me on 19th October, 2022 that they had closed my account and that I had no access to my funds. They claimed that they had found irregularities in the account. This was false, as my funds had been deposited by my Lawyer in Spain following the sale of my property there which he completed, acting as my Power of Attorney, with all due taxes etc paid and the whole transaction had been ratified by the European Court at The Hague. I have requested details from N26 of what irregularities they had purported to have found but they are unable to do so, which is hardly surprising. The fluctuation in the exchange rate since my initial instruction has added a loss to me of more than €1800 which I would expect them to cover. If my money is not returned within the next few days, it will be necessary for me to obtain a further loan because of their actions, which would add further expense. They are aware that I am 84 years of age in a few days' time and the worry, stress and lack of sleep that they have caused me has had a serious effect on my health. I reported to BaFin on four separate occasions between October and when they eventually replied in June, which turned out to be a waste of time.

[@Theos21b]

Really awkward to watch. Rarely seen a less capable or disrespectful moderetor, that’s really too bad: with a better one, we could have learned so much more from these 3 founders who are litteraly transforming the industry.

[@JackyAnne08]

what its actzally awesome what he does...he is not politically correct ..he says what WE already felt....

[@pesos3]

@@JackyAnne08 That is correct, he says what he thinks, the problem is what he has in his brain. He is very condescendent even though he has no idea what he is talking about, or talking to. I bet none of the 3 CEOs remember this, but the moderator does, every time Revolut does a x100 valuation increase.

[@pesos3]

I love this part. 6:49

[@raiantan]

Lol you have 3 of the most progressive european banking startup CEOs sitting there, and you ask "do you even like each other..." Cmon mr moderator, you could do better

[@heatherking3391]

The real fraud and SCAM of the year includes 'bank' MONZO - they have blocked accounts, 'glitched' app data so you can't use your app, had privacy issues with people's PINs and removed access from the public in the thousands due to internal problems as big as not having enough cash flow and incompetent staff. Experience it yourself with their useless customer service and changing a new person each time you speak to someone. Tom Blomfield is a SHAM - on the BBC WATCHDOG and also banking authorities having hundreds of complaints. The ones with moving money in eg. work money they're keeping open for longer until they need more dough.

[@Alexandralijing]

The moderator is such a pot-stirrer. It's so difficult to watch such a tense and awkward energy in the room... Them 3 are not very affable, but the interviewer does not help at all! TechCrunch could get anybody with better conversational skills.

[@metomett]

The moderator is such an a**...looking for some kind of sensation...

[@albanr7177]

Numbers speak for Nik. The others have to talk much more because they don't have the numbers Revolut gets. International expansion for Monzo: sure, LOL, several years later still nothing.

[@erichgallardo9772]

Would you consider setting up a crypto bank in an Asian country ?

[@user-nw1zs1ey8e]

Николай, ты лучший!!!

[@TheDirtyCaller]

Nikolay is like bezos. Simple, clear answers that revolve around the customer. The other two clowns jump into parrot mode and say nothing.

[@realreal000]

This is still the best Storonsky interview I've seen as it really hammers this fact home.

[@RR-et6zp]

physics / engineering vs. the rest

[@kidoftheworld5550]

When 'REVOLUT' will be available in UAE, DUBAI ?????

[@User-nonname575typicaland]

Типа сбер.онлайн) я думаю правительство UAE не даст внедрить данную систему так как потеряют контроль над банковской системой

[@1st-Impressions]

Two of these guys want to build a better bank. One of them wants to make banks irrelevant. I know which one I prefer.

[@ibrahimalhudaithy9064]

you summarized the whole thing in one sentence, bravo!

[@michaelm6991]

Revolut..

[@heatherking3391]

The real fraud and SCAM of the year includes 'bank' MONZO - they have blocked accounts, 'glitched' app data so you can't use your app, had privacy issues with people's PINs and removed access from the public in the thousands due to internal problems as big as not having enough cash flow and incompetent staff. Experience it yourself with their useless customer service and changing a new person each time you speak to someone. Tom Blomfield is a SHAM - on the BBC WATCHDOG and also banking authorities having hundreds of complaints. The ones with moving money in eg. work money they're keeping open for longer until they need more dough.

[@alltheway99]

N26 is cool, Once you are done with the registration, Which is heavily flawed, Only 1 out of 4 recommendation made it!

[@tinacaspe10]

Revolut is great company... Enjoy using Rev card and promote to friends... Nikolay is smart innovater with vision that comes true, he does what he says and talks about facts.

[@medinaman2106]

thanks

[@leopard6554]

REVOLUT IS THE GREAT WINNER BY FAR. BRAVO NIKOLAY.

[@julian.borisov]

Quite the bromance between those two.

[@Dom-xd4lq]

What a guy

[@BiniamAsnake]

The N26 CEO answered most of the questions and is very confident. Even his body posture and gesture says a lot about how a good CEO should act around his competitors. The Revolut guy didn't handle it well especially at last. The interviewer was terrible.

[@britishboxer6875]

what?, REVOLUT was the most modest for the most popular and way way better company, N26 hype is stupid, been waiting for carss outside Germany since a month, the dogs never sent em!!

[@BiniamAsnake]

British Boxer I was talking about the interview skills of the 3 CEOs. In terms of product, I am Revolut user myself and I love it.

[@osaprocky89]

Interview skills are an irrelevant gauge of quality of the CEO. N26 CEO is talking too much, this just shows me that he is trying really hard to justify his product. Better to keep quiet, let the market, numbers and product do the work.

[@BiniamAsnake]

The main job of the CEO is to make sure people (employees and customers) understand the vision of the company and I consider presentation and interview skills as critical for a CEO (even for other CXOs)

[@pigeonlove]

He was rude, trying to provoke revolut by saying he was niche, fastest growing bank in Germany big deal, the world is 7bn people. Nothing of what he said was actually new, amex had a metal card in the 80's... old ideas

[@mytourta0]

I think what is the competitive advantage of Monzo vs the revolut is the CEO of Monzo! He is very bright and smiley personality, on the other hand the CEO of revolut doesn't smile at all and doesn't let you like him.

[@80amnesia]

I'm a Revolut fan, second n26

[@lesdancey7281]

N26 bank in Berlin - CRIMINAL - STAY AWAY FROM THIS BANK! I used this bank for four years, with nothing but praise for them BUT THEN ! N26 bank confirmed to me on 19th Oct, 2022 that they had closed my account and that I had no access to my funds. I had submitted a transfer instruction in favour of my bank in the UK, which they initially acknowledged but then they claimed that they had found irregularities in the account. This was false, as my funds had been deposited by my Lawyer in Spain following the sale of my property there which he completed, acting as my Power of Attorney, with all due taxes etc paid and the whole transaction had been endorsed by the European Court at The Hague. I have requested details from N26 of what irregularities they had purported to have found but they are unable to do so, which is hardly surprising. The fluctuation in the exchange rate since my initial instruction has added a loss to me of more than €1800 which I would expect them to cover plus other bank charges, where I have had to access loans to fill the gap. They're aware that I am 84 years of age and the worry, stress and lack of sleep that they have caused me has had a serious effect on my health. This should also be compensated for. I reported the facts to BaFin (the so-called regulatory authorities in Germany) on four separate occasions between October and when they eventually replied in June, they turned out to be a waste of time Is this state aided theft? There are hundreds with the same problem.

[@stanthemafia]

N26 is trash, Revolut is killing it and Monzo is a great product

[@mooreel]

11:10, Tom was brilliant. That moderator though oh man..

[@Juoa794]

Sad to see such a lousy moderator learning a discussion among Europe's top fintech leader.

[@sergunsengun]

Revolut is far more better. Cryptocurrency is not nietch product, it is the service that customers would like to get. Don't say the others are not good but as a user of 3 of them, Revolut is obviously ahead of the others.

[@creativepicture2820]

I came because I saw an add abt N26 , The CEO is a very cool person (Valentin), very young and a leader . In general I wish all the best for these folks cause they simply doing great . for Nikolay the guy at the left he should be more open and speak more .. Very bad and cringy questions , I think the interviewer got fired after this interview.

[@TabsT-vy5jy]

Haha all the competition sitting next to each other.

[@CelineAdobea]

Valentin looks most excited to be there and is somehow not allowing the mood of the interviewer get to him 😂 exciting times

[@gustav8878]

Nice Nikolay, please keep cutting the bull-shit!

[@pewlivepie5006]

Come on! Not much essence, in the interview.

[@zah.9604]

The tension on the stage...the rude presenter was not helping

[@MrBrratwurst]

"in general.." :D

[@leongelo]

Monzo doesn't send anything to inform the clients about their services and works using your money without the consent of the clients, they never asked for an agreement signature. It is illegal.

[@garygoodger]

The Revolut guy looks so bored!

[@anyalake]

This interview is an example of why too much information is sometimes a bad thing. It was so offputting to watch. In an era where people care about where their money is going, these guys are pretty unlikable. Tom was probably the most relatable, at a stretch

[@noperson78]

This moderator has horrible questions ! It feels like he just wants to piss them off

[@Hello_kitty_34892]

Lol the moderator trying to be like a HardTALK host. Girl you aint got the skills for that.

[@cartoonking1063]

Love the Revolut product, have ditched n26, their team are morons. The Revolut product is outstanding

[@Uzomaatughonu]

N26 Essentially copied simple bank.

[@unfortunatelyiamsane]

can confirm i have loved simple so i am now using N26 and it is now a fantastic, wonderful product and app. the budgeting in app is great.

[@daniel_gsc]

How do you even have a host like that in the event like this one? :D Common Disrupt, he is ridiculous, aggressive, feels like he's envying them or something... Felt very awkward watching his weird personality unfold talking with the successful founders... Cringe

[@dovydastc]

Daniel Sanchez Totally agree!

[@CameronArnott]

Very indicative body language haha

[@ashtri21]

This was weird lol

[@zedrockiby]

Tom seems dreadful, no wonder Monzo got beat so badly

[@alinakislova2272]

N26 founder talks too much, but noone in the world (outside of Germany) really cares about his product. You have to be really stupid person to say and think that the service Revolut offers (like free currency exchange) is a niche ! All Europe, including the German citizens, fell in love with Revolut's offers and services, while you are launching your useless metal cards))

[@lesdancey7281]

N26 bank in Berlin - CRIMINAL - STAY AWAY FROM THIS BANK! I used this bank for four years, with nothing but praise for them BUT THEN ! N26 bank confirmed to me on 19th Oct, 2022 that they had closed my account and that I had no access to my funds. I had submitted a transfer instruction in favour of my bank in the UK, which they initially acknowledged but then they claimed that they had found irregularities in the account. This was false, as my funds had been deposited by my Lawyer in Spain following the sale of my property there which he completed, acting as my Power of Attorney, with all due taxes etc paid and the whole transaction had been endorsed by the European Court at The Hague. I have requested details from N26 of what irregularities they had purported to have found but they are unable to do so, which is hardly surprising. The fluctuation in the exchange rate since my initial instruction has added a loss to me of more than €1800 which I would expect them to cover plus other bank charges, where I have had to access loans to fill the gap. They're aware that I am 84 years of age and the worry, stress and lack of sleep that they have caused me has had a serious effect on my health. This should also be compensated for. I reported the facts to BaFin (the so-called regulatory authorities in Germany) on four separate occasions between October and when they eventually replied in June, they turned out to be a waste of time Is this state aided theft? There are hundreds with the same problem.

[@rizakahriman3783]

This moderator is horrendous! Instead of understanding how they achieved and focusing on their strategy but he is trying to start a fight like a cheap person! So unfortunate to see that such a waste of time of these entrepreneurs and hard to find bring them together.

[@dbsk06]

lmao this was sooo painful to watch. 2020 anyone??

[@Giveaway2u4free]

yEAH AND ALSO WE HAVE PROBLEMS IN NORWAY REVOLOUT MY CHICE DONT GO DESTROY WHAT IS REALLY A PERFECT BUYERS INSURANCE THUMBS UP.

[@lesdancey7281]

N26 bank in Berlin - CRIMINAL - STAY AWAY FROM THIS BANK! I used this bank for four years, with nothing but praise for them BUT THEN ! N26 bank confirmed to me on 19th Oct, 2022 that they had closed my account and that I had no access to my funds. I had submitted a transfer instruction in favour of my bank in the UK, which they initially acknowledged but then they claimed that they had found irregularities in the account. This was false, as my funds had been deposited by my Lawyer in Spain following the sale of my property there which he completed, acting as my Power of Attorney, with all due taxes etc paid and the whole transaction had been endorsed by the European Court at The Hague. I have requested details from N26 of what irregularities they had purported to have found but they are unable to do so, which is hardly surprising. The fluctuation in the exchange rate since my initial instruction has added a loss to me of more than €1800 which I would expect them to cover plus other bank charges, where I have had to access loans to fill the gap. They're aware that I am 84 years of age and the worry, stress and lack of sleep that they have caused me has had a serious effect on my health. This should also be compensated for. I reported the facts to BaFin (the so-called regulatory authorities in Germany) on four separate occasions between October and when they eventually replied in June, they turned out to be a waste of time Is this state aided theft? There are hundreds with the same problem.

[@SirGipsy]

I cannot register me n26 bank account because me passport is to New? Wtf.... 11Jan2019 on your website i dont see "you must have a 1999-2005 passport" 🤣🤣🤣 it say just a passport? I try to contact the support: in my opinion no help given."must find a solution" I want a solid & fix answer. No bla bla....to New,i dont like your tatoos..... I make a passport special for this to open a N26 bank account (I want to try something New) 2-3 months ago your team say make a passport because your România ID is not gut. Me question is wen hi said make a passport had to specify go back în time în the year 2005 end make the passport. OK i will try in Wakanda to find a time machine.

[@AmalJolly]

I would like to know the interviewers name! #legend :')

[@zil3920]

Ugh, can't keep watching only because of the interviewer.

[@tomheck3825]

The dude in the red sweater looks bored, lol

[@chickentooth]

i like all the products but hate everyone on stage. especially the presenter.

[@harunosmanovic]

Worst moderator

[@WW-wh2os]

All crap starling is the way forward

[@grahamjohnson4702]

If you want another bank account maybe but I am quite happy using Revolut along side my bank account. I get the best of both worlds.

[@panoscoach310]

Nice video game, " find the scammer".

[@kenfujimoto47]

Terrible interviewer is an understatement.

[@kindabusy75]

Worst interviewer ever…I wish they would have chosen someone else who would have asked more clever questions

[@lesdancey7281]

N26 bank in Berlin - CRIMINAL - STAY AWAY FROM THIS BANK! I used this bank for four years, with nothing but praise for them BUT THEN ! N26 bank confirmed to me on 19th Oct, 2022 that they had closed my account and that I had no access to my funds. I had submitted a transfer instruction in favour of my bank in the UK, which they initially acknowledged but then they claimed that they had found irregularities in the account. This was false, as my funds had been deposited by my Lawyer in Spain following the sale of my property there which he completed, acting as my Power of Attorney, with all due taxes etc paid and the whole transaction had been endorsed by the European Court at The Hague. I have requested details from N26 of what irregularities they had purported to have found but they are unable to do so, which is hardly surprising. The fluctuation in the exchange rate since my initial instruction has added a loss to me of more than €1800 which I would expect them to cover plus other bank charges, where I have had to access loans to fill the gap. They're aware that I am 84 years of age and the worry, stress and lack of sleep that they have caused me has had a serious effect on my health. This should also be compensated for. I reported the facts to BaFin (the so-called regulatory authorities in Germany) on four separate occasions between October and when they eventually replied in June, they turned out to be a waste of time Is this state aided theft? There are hundreds with the same problem.

[@Razor46]

this revolut guy seems arrogant and sounds like a scammer

[@daisigner]

The Revolut founder is such a jerk, god! Thanks god N26 and Monzo founders are way cooler and clearly here to make a positive difference in the bank industry instead of bragging about the number of their customers.. Great video!

[@kebman]

It is clearly how cool they are that counts, not their product.

[@nix494]

The product of N26 or monzo is better than Revolut

[@britishboxer6875]

and N26 needs your help revive his a55< N26 SUX a55!

[@grahamjohnson4702]

Monzo had to re-adjust their costs because they overstretched themselves. How much longer before they fold. Some of these startup banks will merge into each other soon and then we will find out the real cost to the customers.

[@AthensStyle]

💜N26

[@aztrodj82]

revolut is a scam #revolutascam