Founded
2015
🏢 Company Overview
Headquarters
London, UK
CEO
Norris Koppel
Pricing
freemium
AML Compliant
GDPR
E-Money License
Payment License
Up to £85,000 FSCS (GBP) or €100,000 (EUR)
ℹ️ About Monese
Monese is a UK-based e-money provider offering accounts for expats and mobile people. It provides instant account opening, multi-currency accounts, and fee-free transfers within the Monese network. Still operational as of 2025.
⚡ Key Features
Instant account opening
Multi-currency accounts
Fee-free Monese transfers
Cashback rewards
Joint accounts
Business accounts
💪 Strengths & Weaknesses
4 Pros
3 Cons
💪
Strengths
What it does well
Easy account opening for expats
No credit checks
Multiple currencies
Instant payments between Monese users
⚠️
Weaknesses
Areas to improve
Higher fees than competitors
E-money provider not full bank
Some account closures reported
💬 User Reviews
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🔗 External Resources
🌍 Available In
2 countries
GB
EU
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