Monzo's EU chief executive Michael Carney to leave neobank to launch new venture 

Mr Carney's new startup will use AI and robotics to support people living with disabilities

Chief executive of Monzo Europe Michael Carney

Online bank Monzo's EU chief executive Michael Carney is to leave the company five months after its Irish launch as he launches a new AI-backed start-up company.

Mr Carney, who joined the British-headquartered neobank after working as an executive at Irish payments giant Stripe, will remain in post while a search for a successor is undertaken. Mr Carney's new venture startup will use AI and robotics to support people living with disabilities.