Last month, Monzo co-founder Jonas Templestein announced Nustom, a new AI startup aimed at accelerating software development by people without a technical background. Its founding team was full of Monzo alumni, and it just added Matt Heath, with whom Templestein has worked extensively.
The pair joined Anne Boden's Starling Bank as software engineers in late 2014, but left within five months. They followed Tom Bromfield's alleged “coup” at Sterling, with Templestein becoming CTO and Heath founding engineer.
Heath rose to the vice president level during his seven years in the fintech industry. He primarily works on architecture and infrastructure and was the technical lead for the beta launch of Monzo US. The fintech's latest funding round is fueling further growth in the region. Mr. Heath retired from his position at the beginning of 2022 and has been working as a freelance principal engineer ever since.
To date, Nustom's website says it has received support from 42 individual investors. These include OpenAI's Research Lab, Y Combinator CEO Garry Tan, and… Tom Blomfield.
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