Crypto Exchange Luno Hires CFO of Digital Banking Giant Monzo

Alwyn Jones is the latest in a group of digital banking executives to join crypto firms.

AccessTimeIconApr 1, 2021 at 9:30 a.m. UTC
Updated Sep 14, 2021 at 12:34 p.m. UTC
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Consensus 2023 Logo
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Alwyn Jones, the chief financial officer (CFO) of digital bank Monzo, is joining crypto exchange Luno Global.

  • According to a report by Sifted, Jones is leaving Monzo after having joined it from Barclays in September 2018.
  • Jones will become Luno CFO, that company told CoinDesk in an email.
  • Jones becomes the latest digital banking executive to join the world of crypto, following Starling co-founder Julian Sawyer and former Monzo marketing manager Russell Smith. Sawyer left Starling to join Gemini before moving to Bitstamp as CEO in October, while Smith left Monzo to join BlockFi as vice president of user acquisition in February.
  • Luno was acquired by Digital Currency Group, which is also the owner of CoinDesk, in September. It has over 6 million customers in more than 40 countries.
  • Monzo, while one of the U.K.’s largest digital banks with over 5 million customers, has faced a challenging time during the coronavirus pandemic. Its founder, Tom Blomfield, departed earlier this year, citing pressure brought on by the pandemic.
  • The bank reported losses of £113.8 (US$157 million) in July, having had to delay product launches and take a 40% discount on a £60 million funding round.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.

Read more about