About Monese

Monese Ltd is a London-based fintech company and the mobile app alternative to traditional banks. It offers instant and multi-currency accounts, prepaid debit card, money transfers and other related services. Monese offers 3 different personal accounts: Starter, Classic and Premiun. You can open a mobile money account in 31 countries across Europe. Monese also offers business accounts for UK-registered businesses only. New arrivals to the UK can open an account without any of the hassle, you need is a photo ID and selfie to join. You can also link PayPal and Monese accounts to manage balance in the Monese app. The company was named one of the ten disruptors to watch by Sunday Times and one of the top 20 UK hottest startups by LinkedIn. Monese was founded by the current CEO Norris Koppel in 2015 and today has over 2 million customers and employs approximately 300 people. 2023 was a revolutionary year for the company. Monese officially established XYB, a new banking-as-a-service platform. It also launched incoming international transfers subscription and new and improved business accounts. Monese is a reliable company rated as great on Trustpilot with 4.2 out of 5.0 stars, from more than 44,100 reviews as of November 2024. Monese's primary competitors are Revolut, Monzo, Atom Bank, N26 Mobile Bank and Starling, so-called neobanks.

October 11, 2024
Pockit, a UK fintech that provides services to low-income and underserved communities, has announced its acquisition of Monese.

Who can open an account?
Anyone who is a resident of the European Economic Area, without reference to citizenship or financial history.

Monese personal plans:
Starter
Monthly fee: £0
Local transfers: Free
International transfers: 2.5% fee
ATM withdrawals: £1.5 fee
Cash top-ups: 3.5% fee

Classic
Monthly fee: £5.95
Local transfers: Free
International transfers: from 0.5% fee
ATM withdrawals: £500 free monthly
Cash top-ups: £400 free monthly

Premium
Monthly fee: £14.95
Local transfers: Free
International transfers: Free
ATM withdrawals: £1,500 free monthly
Cash top-ups: £1,000 free monthly

Headquarters address:
2 Tallis Street
London, EC4Y 0AB
United Kingdom
Phone number
Customer service: +44 1706 304 001
Website: www.monese.com