Monese

No. Monese is a regulated electronic money institution providing mobile money accounts, debit cards, international transfers, and credit-building products to retail and business customers across Europe. It does not deploy proprietary capital into funds, direct investments, or co-investments, and it is not structured as a family office or asset manager.

Monese operates on a subscription and transaction-fee model. Customers choose from tiered plans starting at £0 per month, with premium subscriptions and add-ons such as Credit Builder and international transfer packages generating additional income. As an EMI, it does not lend customer deposits or invest in third-party funds for proprietary returns.

Monese serves residents of 31 countries in the European Economic Area and the UK. It supports account opening in eight languages, offers local account details for GBP, EUR, and RON, and processes payments through the UK Faster Payments network and SEPA rails.

No. In 2024, Monese was acquired by Pockit, a consumer fintech also targeting underserved banking customers in the UK. The combined group operates under a mandate to simplify access to financial products for consumers who are often excluded from traditional banks.

Monese does not manage third-party capital, pooled funds, or separate accounts. It has no known co-investment vehicles, fund of funds, or private market allocation strategies. The platform focuses solely on consumer-facing money management and payment services.