Monese is a British-Estonian company that offers current accounts and money transfer services as an alternative to traditional banks. The mobile-only service provides accounts in Pounds sterling, Euros, and Romanian leu, and is available in 31 countries across the European Economic Area. As of January 2020, it has over 2 million customers.

Monese Ltd

We’re reimagining the way banking works.

We make it easy to manage your money – wherever you are in the world. We create financial freedom for all of us who live, work, travel, study or send money abroad. 

We’re the mobile app alternative to the banks, offering accounts you can open instantly so that you don’t lose access to the money you need every time you cross a border on a map.

We’re here for everyone, not just for those with perfect credit scores or the right set of utility bills. 

We push the boundaries daily with over 2 million sign-ups across 31 countries.

Future Fifty

Tera Ventures

Augmentum Fintech

Avios Group

Outward VC

PayPal Ventures

Hangar 51

International Airlines Group (IAG)

Kinnevik

Jonathan Weiner

Investec

Monte Carlo Capital

Phil Boddy

HSBC Ventures

Monese

📣 Exciting news! Monese Business Accounts are here! 💼 🎉

Just £9.95 per month. To be eligible, you must be the Sole Director of a UK registered company. Check them out here - https://lnkd.in/eheTp82F

#MoneseBusiness #FinanceSimplified

We're incredibly proud to announce that our incredible Legal Counsel, Medeia Japaridze, recently participated in the prestigious Baltic FinReg Summit in Vilnius! 

The event brought together the brightest minds in the financial and regulatory sectors. The panelists discussed crucial topics that shape our industry, including cross-border provision of services and the challenges surrounding thin lines between reverse solicitation, passporting, and branch. 

We're diligently striving to remain at the forefront of our industry and create a secure environment that safeguards the interests of those we proudly serve.

A big thanks to COBALT Legal and all those who organised this fantastic event!

#BalticFinRegSummit #LegalExpertise #CrossBorderServices #FinancialRegulation

Today we usher in the era of #CorelessBanking with the launch of XYB by Monese

An end-to-end ‘coreless’ #banking platform provider, XYB enables banks and other non-banking financial institutions to break down their barriers to building and providing financial services in record time.

XYB by Monese addresses a market gap in the core banking space of high dependence on costly yet incomplete traditional core banking systems. Instead, XYB runs independently by leveraging its highly configurable and scalable microservices architecture, and providing a turnkey solution with a pre-integrated partner ecosystem.

Investec was the inaugural customer to leverage XYB's cutting-edge coreless banking platform, which, in under twelve months, facilitated the swift and efficient development of a new current account offering for their business clients. This successful implementation highlights the efficiency and effectiveness of XYB in enabling businesses to bring to market new financial products and services quickly and easily.

The global market potential for this space is estimated to be around £700 billion. Available initially in the United Kingdom and Europe, XYB is also set to launch in the North American and Asia Pacific markets.

 Read more about the #launch of the XYB #CorelessBanking ecosystem here https://lnkd.in/dTRJgeiU

Find out more about XYB here: xyb.co

#XYB #bankinginnovation #fintechrevolution #bankingtechnology #customerexperience #embeddedfinance #financialservices

Last night we had an enchanting time at Google's Kings Cross office for the Annual Fintech Gathering!

Our BaaS CEO Atul Choudrie joined the panel alongside Riya Grover, Gareth Richardson, Sam Everington and Adrian Poole discussing how Monese and other brands are fuelling the fintech revolution.

Calling all Digital Nomads! 📢 💻 Check out our latest blog post covering what you'll want to prepare before heading abroad. 

We're even giving Digital Nomads a FREE first month of Monese Classic Plan when you upgrade using the Promo code 'NOMADSWAY' before the 30th of April. After your FREE month, you'll be charged at the full monthly fee (£5.95/€5.95/24.95 lei) and can downgrade to a Simple Plan at any time.

Ts&Cs Apply - https://lnkd.in/gyqFvQPT
Fees and Limits - https://bit.ly/3FxkL0r

COM:MONESE

Monese Ltd