Amidst the panic caused by the COVID-19 outbreak while many industries are hit drastically, the tech ecosystem in Europe hasn’t stopped making headlines. Several tech startups across Europe have made interesting updates such as the next-generation delivery drones from the German drone maker, big funding rounds for UK’s leading refurbished device marketplace and others as detailed here.
Monzo bolstering its leadership team
Monzo, one of the leading challenger banks in the UK is bolstering its leadership team. The company has roped in Sujata Bhatia, a former American Express executive in Europe as its new Chief Operating Officer. She will replace Monzo’s previous COO Tom Foster-Carter, who resigned the bank back in November last year. Prior to roping in Bhatia, the challenger bank hired Mike Hudack, the former CTO of Deliveroo. He joined Monzo in March as the new Chief Product Officer.