Anything For You All: Fintech Monzo looks to right the ship — Day in the life of Nasdaq exec


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Monzo looks to right the ship

It's been a tough few months for Monzo.

The UK challenger bank had a very hard June. It l aid off around 80 staff members as a result of the coronavirus pandemic and also closed a down fundraising round at a 40% valuation drop. The fintech has also faced a string of executive departures or reassignments throughout 2020.

However, there is a light at the end of the tunnel. As Callum Burroughs reported, the $1.6 billion neobank has plans to end the pay freeze it initiated as a result of the coronavirus pandemic.

To be clear, the startup isn't fully in the clear, a point that was acknowledged by the company to its staff, according to internal Slack messages seen by Business Insider.

Click here to read the full story.

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A day in the life of a Nasdaq exec whose job is to make sure the software systems that power over 120 markets stay up and running

Spend a day in the life of Don Beery, Nasdaq's head of global technology infrastructure and operations. Reed Alexander has the full breakdown of Beery's schedule, who is tasked with ensuring the Nasdaq tech being used at over 120 markets around the world keeps running smoothly.

Odd lots: