Co-founder of Monzo starts AI startup to revolutionize software development industry

Jonas Templestein, co-founder of Monzo, has embarked on a new venture with a startup that aims to revolutionize software development. The new company, called Nustom, is leveraging artificial intelligence (AI) to enable low or no-code web development. Backed by OpenAI and Index Ventures, Nustom has already started its fundraising efforts and recruitment drive.

The vision of Nustom is bold – they believe that in the next decade, the majority of software will be created by individuals without technical backgrounds, working alongside AI. Their end-to-end SaaS offering is targeted towards those who need software solutions but lack the expertise to build or manage it.

Despite Monzo’s success and ongoing discussions for selling a stake to Singapore’s sovereign wealth fund, Templestein has shifted his focus to Nustom. He is joined by Oliver Beattie, also a former Monzo executive. Together with Maria Campbell, who has been appointed as the COO, the founding team is set to lead Nustom into the future.

While Nustom’s ultimate goal is to enable AI to develop software independently, the company will initially rely on human engineers to ensure quality. With a team consisting of Monzo alumni and experienced professionals, Nustom is poised to make waves in the tech industry.

Nustom’s approach signifies a shift in the traditional software development landscape and highlights the growing influence of AI in the sector. As they continue to expand their team and develop their technology, Nustom aims to be at the forefront of innovation in software development.

spot_img

More from this stream

Recomended

‘Infrastructure division bolstered by Geobear’

Ground engineering and subsidence specialist Geobear has recruited Arcadis technical director Paul Garthwaite. Paul Garthwaite Paul Garthwaite...

The Future of Business with e-Signature Adoption

In the fast-paced world of modern business, adopting digital tools and solutions is not just an option but a necessity for staying efficient. Among the numerous advancements, e-signature solutions have emerged as a cornerstone technology that enables companies to streamline their operations, lower costs, and improve security. This technology facilitates signing documents electronically, eliminating the […]

The post Future of Business with e-Signature Adoption appeared first on Insights Success.

‘Leading Chinese Online Portal Emerges Victorious in Fierce Competition’

Sohu.com, one of the most prominent online portals in China, continues to solidify its position in the digital landscape. With a diverse range of services and a user-friendly interface, the website...

‘Platform Revolutionizing Online Publishing’

Medium.com, the popular online publishing platform, has gained immense popularity among writers, journalists, and readers alike. With a mission to elevate the quality of online content and build a...

Key to Searching for Alien Life Could Lie in Purple Planets, Not Green Ones

Science fiction films have shaped our collective imagination into believing that any planet harboring extra-terrestrial life would look like a lush green utopia, somewhat like Earth....