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Mondo's CEO Wants to Build a Bank for People Who Hate Banks - Bloomberg Business
Gen Y is embracing phone-based banking in greater percentages than other generations.
Mondo's app lets you track expenses as you spend and provides weekly reports.
Tom Blomfield, the 29-year-old CEO of Mondo, says his grandmother wouldn't bank with his app, but he's betting a big segment of the U.K. population would.