Monzo
Your New Favourite Bank
Monzo is a UK-based digital bank offering free personal current accounts, joint accounts, and business accounts with features like instant spending notifications, savings pots, investments, and fee-free international payments. It serves over 15 million customers and provides tiered paid plans with additional perks. The platform is accessible via a mobile app on iOS and Android.
Users download the Monzo app, open a free current account with a Hot Coral card, and access features like spending notifications, savings pots, roundups, and investment options directly from their phone.
UK residents looking for a modern digital banking alternative
Background.
- Status
- launched
- Business model
- freemium
- Company
- Monzo Bank Limited
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