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Wednesday 12 December 2018


Curve co-founder ‘joining Monzo as new COO’

Written by Anthony Strzalek

Curve co-founder, Tom Foster-Carter, is set to join digital-only challenger bank Monzo as its new COO, according to TechCrunch.

Foster-Carter had held the position of head of operations at FinTech startup Curve, which will now be filled by Rona Ruthen.

Curve customers use an all-cards-in-one Curve Mastercard to spend from their card-linked accounts, and a secure mobile app to manage their money in one place. Curve is currently in beta and is available to the self-employed in the UK – specifically entrepreneurs, freelancers and small business owners. It can be used anywhere in the world that accepts Mastercard, and is planning a wider consumer roll-out later this year.

In a statement, Curve said: “Curve co-founders Shachar Bialick and Tom Foster-Carter have agreed to part ways amicably, with Bialick staying on as CEO and Rona Ruthen being promoted to head of operations.

“Ruthen was previously payments operations manager at Payoneer and brings a fantastic range of FinTech skills and experience to the role. With the Series A funding round recently closed, the business is now focused on scaling up on its mission to simplify the way people spend, send and see their money.”

Monzo have yet to officially confirm Foster-Carter’s appointment.

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