Monzo Co-Founder Stepping Down to Spend Time on His Alpaca Farm

It is not very often that there is an intersection between alpacas and fintech but we learned today that Monzo co-founder and deputy CEO, Paul Rippon, is stepping down from the challenger bank; citing the “cognitive and emotional overhead” of building a fast growing digital bank; Rippon will be leaving Monzo to work on his wife’s alpaca farm in North East England; in a LinkedIn post Rippon said, “It’s been my privilege to co-found Monzo back in February 2015 and serve as Deputy Chief Executive. It’s now time for others to enjoy the next stage of the journey to help money work for everyone.” Altfi

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