Tom Blomfield: How I Created Two Billion-Dollar Fintech Startups

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There aren’t a ton of people in the world who can say they founded a billion dollar company. There are far fewer that can say they did it twice. YC Group Partner Tom Blomfield is one of them.

Each episode of our series Backstory will introduce you to one of YC’s Group Partners and the path they took to get here. If you aspire to change the world with your startup, Tom’s story exemplifies the joys and trials of pursuing these ambitious ideas.

Apply to Y Combinator: https://yc.link/Backstory-apply
Work at a Startup: https://yc.link/Backstory-jobs

Chapters (Powered by https://bit.ly/chapterme-yc) –
00:00 – Intro
02:52 – GoCardless
05:07 – Starting Monzo
08:46 – COVID challenges
10:24 – Stepping away from Monzo
13:10 – Joining Y Combinator
13:54 – Outro

Directors:
Ryan Loughlin
Zach Both

Director of Photography:
Matt Piniol

Editors:
Hoku Uchiyama
Zach Both
Ryan Loughlin

Additional footage provided @jakewrightnet

Date: January 31, 2024

24 thoughts on “Tom Blomfield: How I Created Two Billion-Dollar Fintech Startups

  1. Chapters (Powered by ChapterMe) –
    00:00 – Intro: Tom Blomfield Backstory
    01:35 – Growing up fascinated with computers
    02:12 – Career path: Corporate lawyer
    02:33 – Starting an online student marketplace while at Oxford
    02:52 – Bill splitting app to GoCardless
    04:24 – Leaving Go Cardless, turning Monzo into a global payments powerhouse
    06:50 – Monzos ambitious vision and user growth
    08:46 – COVID challenges – Funding crisis risking company's survival
    10:24 – Stepping away from Monzo
    11:59 – Transitioning to angel investing
    13:10 – Joining Y Combinator
    13:54 – Outro

  2. Dang! I literally felt goosebumps just listening to him; the passion in his voice and how connected he still feels to his journey. Tom definitely has a gift for telling stories and connecting with his audience

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