MONESE LTD

E-money or payment institution · LONDON, United Kingdom · overall 4.6 / 10

Open in Bank Index

How this 4.6 is built

Average of 10 scored needs: 4.6. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.

MONESE LTD is recorded in the global register as an e-money or payment institution in LONDON, United Kingdom. The register names Financial Conduct Authority as its regulator and shows the licence as registered. Established 2013. Collected from open registers.

Legal name: MONESE LTD
Regulated by: Financial Conduct Authority
Licence confirmed: yes, on a regulator's own list
Established: 2013
LEI: 875500SAVA6II6WVRN34
Website: www.monese.com/

Scores, 0 to 10

6.0United Kingdom

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Fast digital onboarding

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

6.0Online businesses: e-commerce and SaaS

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Fintech companies that need a partner bank

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.5Startups & VC-backed companies

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

5.0Business cards (Visa, Mastercard)

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

4.5Lowest fees

The monthly fee is GBP 9.95. Transfer and card prices were not part of this evidence, so the score speaks for the monthly fee. (Business Basic and Plus) Read as: “Monthly Fee” · source

4.0Cross-border payments, FX and multi-currency accounts

The company names SEPA and an FX mark-up of 0.5%. The score is held back because the number of currencies was not published in this evidence. Read as: “UK Faster Payments” · source

4.0Financial strength & stability

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

3.5Trade, manufacturing & import-export

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

2.0Best interest on business balances

An e-money or payment institution: it moves money and issues accounts but takes no deposits and lends nothing. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.