About Monese
Monese is a company based in London (United Kingdom) founded in 2013 by Norris Koppel was acquired by Pockit in October 2024. Monese has raised $269.18 million across 11 funding rounds from investors including Investec, PayPal and Pockit. Monese has completed 1 acquisition, including Trezeo. Monese operates in a competitive market with competitors including Kashet, Zvilo, Fortu, Interpolitan Money and AltPay, among others.
- Headquarter London, United Kingdom
- Founders Norris Koppel
- Stage Minicorn
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Monese Ltd
- Date of Incorporation 07 Oct, 2013
- Jurisdiction LONDON, ENGLAND
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Monese
Unlock access to complete
Funding Insights of Monese
Monese has successfully raised a total of $269.18M across 11 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Monese
Monese has secured backing from 51 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Investec, PayPal and Pockit.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage digital startups are funded by tech-focused Tera Ventures.
|
Locked | Locked | Locked | |
|
Venture capital fund and syndicate focused on pre-seed and seed investments
|
Locked | Locked | Locked | |
|
Venture capital funding is provided by HSBC-backed firm in London.
|
Locked | Locked | Locked |
Investor details for Monese
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Monese
Monese has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trezeo.
Investment portfolio details for Monese
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cash advances are extended to freelancers for income stability.
|
Locked | Locked | 2016 | Locked |
Complete acquisition details for Monese
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Monese
Detailed financials for Monese
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Monese Comparisons
Peer comparison for Monese
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Monese
Monese operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kashet, Zvilo, Fortu, Interpolitan Money and AltPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Digital banking services are offered to individuals and businesses.
|
|
| Locked | Locked | Locked |
Digital banking services are offered to individuals and businesses.
|
|
| Locked | Locked | Locked |
Digital banking services are offered to high-net-worth individuals and businesses.
|
|
| Locked | Locked | Locked |
Provides multi-currency accounts, cross-border payments, and escrow for individuals and businesses.
|
|
| Locked | Locked | Locked |
Internet-first bank
|
Detailed competitors of Monese
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Monese
Complete news archive for Monese
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Monese
Monese was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Monese is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Norris Koppel is the current CEO of Monese. They have also founded this company.
Monese is a funded company, having raised a total of $269.18M across 11 funding rounds to date.
Monese was founded in 2013 in London, United Kingdom, as a digital bank in the fintech sector. Current and savings accounts are provided, along with prepaid cards for online and offline transactions. Bill payments and money transfers are facilitated through multicurrency accounts. The platform operates via applications on Android and iOS, serving users across multiple regions.
Monese has made 1 acquisition, including Trezeo.
Monese has 51 investors. Key investors include Investec, PayPal, Pockit, Korea Investment Holdings, and Seedcamp.
The valuation of Monese is $126.19M as of Jan 2020.