Current Account, For Mobile People
Monese accounts are opened and managed on your mobile. People from all over Europe can open UK accounts fast. Get a contactless debit card when you open your account. Send money abroad cheaply, without any hidden fees.
Troubled mobile banking startup Monese is formulating plans to splinter the business into separate consumer-facing and corporate concerns amid mounting losses.
Swedish VC Kinnevek has written off its investment in Monese, adding to the financial woes of the mobile money transfer startup.
Santosh Radhakrishnan, CCO at XYB, commented on on the future of banking and the different challenges the financial services sector is facing. .