Monzo EU Chief Leaves to Start AI and Robotics Company

Sep 22, 2026
Michael Carney is leaving Monzo to start a company that will use AI and robotics to support people with disabilities. He will remain in his role while the bank searches for a successor.

Monzo EU chief Michael Carney is leaving to start a company that will use AI and robotics to support people with disabilities, according to Finextra. He will remain in his role while Monzo searches for a successor.

Carney joined Monzo in September 2024 after seven years at payments company Stripe, where he became European technology CEO.

At Monzo, Carney led a 100 person team responsible for the bank's launch in Ireland and preparatory work in Spain.

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