# Monese

Monese is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** www.monese.com
- **LinkedIn:** https://www.linkedin.com/company/monese

## Regulatory record

- **Reports private funds:** No

## About

Your banking alternative – manage your money the simple way with Monese. Open accounts in multiple currencies to spend abroad and transfer money.

## Sectors

- FinTech

## People

- Norris Koppel — Founder and CEO

## Questions

### How does Monese generate revenue?

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.

### Which geographies does Monese cover?

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.

### Is Monese still an independent entity?

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.

### Does Monese manage third-party capital or offer investment products?

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.

## Related profiles

- [Payactiv](https://altss.com/profile/payactiv)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/monese

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