About Monese
Monese is a Financial Services company based in London (United Kingdom) founded in 2013 by Norris Koppel, and was acquired by Pockit in October 2024. Digital banking services are offered to individuals and businesses. 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 was last valued at $126.19 million in January 2020. Its chief executive, as recorded, is Norris Koppel. Its website monese.com draws about 166 thousand monthly visits. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity is MONESE LTD. Its competitors include Kashet, Zvilo and Fortu; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Founders Norris Koppel
- Stage Acquired
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website monese.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Pockit (Oct 2024)
- Legal Name Monese Ltd
- Date of Incorporation 07 Oct, 2013
- Jurisdiction LONDON, ENGLAND
Apps and channels of Monese
Monese publishes 2 mobile apps with over 1M+ downloads; its YouTube channel Monese has 2.68K subscribers and 30 videos.
Videos from Monese
The most watched videos on Monese's YouTube channel, Monese (2.68K subscribers). Click a video to play it here.
More on Monese.
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.
- Total Funding $269.18M
- Total Rounds 11
- Investors Count 50
Latest 10 of 11 funding rounds of Monese with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | Series C | – | – | ||
| Sep 2022 | $35M | Series C | – | HSBC | |
| Sep 2021 | $90M | Series C | – | Investec | – |
| Jan 2020 | $57.9M | Series C | $126.19M | – | – |
| Jun 2019 | $3.18M | Series B | $1B | Augmentum Fintech | – |
| Sep 2018 | $60M | Series B | – | Kinnevik | |
| Jan 2018 | $1.39M | Grant | – | – | |
| Oct 2016 | $21.3M | Series A | $••••• | SmartCap | |
| May 2016 | $1.4M | Grant | – | – | |
| May 2015 | $1.8M | Seed | – | Seedcamp, SmartCap |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $126.19M | •••••••• |
| Jun 2019 | $1B | •••••••• |
| Oct 2016 | $••••• | •••••••• |
Full valuation and stage history of Monese
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $126.19M (Jan 2020). 51 investors in total: 32 institutional and 19 angel.
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. | tera.vc | Tallinn, Estonia | ||
Venture capital fund and syndicate focused on pre-seed and seed investments | montecarlocap.com | Monaco, Monaco | ||
Venture capital funding is provided by HSBC-backed firm in London. | ventures.hsbc.com | London, United Kingdom | ||
Venture capital fund investing in fintech startups | 2009 | augmentum.vc | London, United Kingdom | |
Venture capital investments are directed toward multiple sectors by Kinnevik. | 1936 | kinnevik.com | Stockholm, Sweden | |
Family office of Karam Hinduja | timelessmedia.com | New York, United States | ||
Early and growth-stage startups are funded by Anthemis Group. | 2008 | anthemis.com | London, United Kingdom | |
Startups across sectors are accelerated and incubated by Human Ventures. | humanventures.com | Grasse, France | ||
Early stage venture capital firm | yyxcapital.com | London, United Kingdom | ||
Investment holding firm established in Seoul in 2003. | 2003 | koreainvestment.com | Seoul, South Korea |
Investor details for Monese
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Monese
13 people are tracked at Monese (3 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Norris Koppel | Founder & CEO | Leadership |
Annaliisa Romanenkov | Head Of BI | Leadership |
Dariusz Sadowski | Head Of Engineering | Leadership |
Luís Guilherme Martins | Software Engineer | Team |
Rodrigo Motta Mendes | Principal Software Engineer | Team |
Toomas Kirt | Data Scientist | Team |
Renaud Jenny | Lead Ios Engineer | Team |
Geir Oss | Business Intelligence Analyst | Team |
Elshan Akbarov | Software Engineer | Team |
Aleksei Medvedjev | Senior QA Automation Engineer | Team |
Owen Williamson | Data Scientist | Team |
Louis Michael | Business Process And Analytics Manager | Team |
Tian Tang | Senior Backend Engineer | Team |
Complete people profiles for Monese
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cash advances are extended to freelancers for income stability. | trezeo.com | London, United Kingdom | 2016 | Dec 2021 | •••• |
Complete acquisition details for Monese
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Monese
7 dated milestones of Monese across 11 years, from founding to its latest funding, stage changes and deals.
Competitors of Monese
Monese has 3 listed competitors in our database, 3 of them funded. They include Kashet, Zvilo and Fortu.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kashet.com | 2018 | London, United Kingdom | $6.67M | 4 | Digital banking services are offered to individuals and businesses. | |
| zvilo.com | 2019 | London, United Kingdom | $590,933 | 3 | Digital banking services are offered to individuals and businesses. | |
| fortu.co.uk | 2019 | London, United Kingdom | $685,478 | 4 | Digital banking services are offered to high-net-worth individuals and businesses. |
Detailed competitors of Monese
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Monese
The website of Monese (monese.com) receives about 165.8K visits a month and ranks #254,667 among all websites worldwide, #3,444 in Financial Planning and Management.
- Monthly visits165.8K
▼ 6.4% vs previous month
- Unique visitors86.2K
per month
- Global rank#254,667
among all websites
- Category rank#3,444
Finance · Financial Planning and Management
- Bounce rate49%
- Pages per visit1.9
- Average visit1 min 05 sec
- DevicesDesktop 19% · Mobile 81%
Websites whose visitors overlap most with Monese. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
doarpeinternet.com | doarpeinternet.com | 100% | – | ||
| selectra.es | 100% | #163,626 | View details | ||
onlinebanken.com | onlinebanken.com | 65% | #3,300,769 | – | |
| spendways.com | 60% | #3,443,324 | View details | ||
| businesscloud.co.uk | 60% | 151.3K | #315,848 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Monese
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Monese (Banking & FinTech Platforms) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | 3,462 | ||
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 |
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
Related news about 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 CEO of Monese, as recorded in our data. They have also founded this company.
Monese is a funded company, having raised a total of $269.18M across 11 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Jun 2014.
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.
Monese operates through Monese Ltd.
Yes. Monese was acquired by Pockit in October 2024.
Yes. Monese publishes Monese - A banking alternative and 1 more app, with over 1 million downloads.