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Monese - About the company

Monese is an acquired company based in London (United Kingdom), founded in 2013 by Norris Koppel. It operates as a Provider of digital bank solutions for individuals and businesses. Monese has raised $269M in funding from investors like SmartCap, Seedcamp and Investec, with last known valuation of £*****. The company has 102 active competitors, including 7 funded and 2 that have exited. Its top competitors include companies like Zvilo, Interpolitan Money and Chetwood Bank.

Company Details

Provider of digital bank solutions for individuals and businesses. It offers savings and current accounts, prepaid cards for online offline purchases, bill payments, money transfers, and more. It features multi currency accounts enabling users to transact using multiple currencies. The application is available on Android and iOS platforms.
Social
XFacebook
Email ID
*****@monese.com
Key Metrics
Founded Year
2013
Location
Stage
Acquired
Total Funding
$269M in 11 rounds
Latest Funding Round
Last Known Valuation
£***** as on Sep 02, 2022
Investors
Ranked
Annual Revenue
£10M - £50M as on Dec 31, 2023
Employee Count
146 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Pockit (Oct 10, 2024)

Monese's acquisition details

Monese got acquired by Pockit on Oct 10, 2024.
Click here to take a look at Monese's acquisition in detail
Sign up to download Monese's company profile

Monese's funding and investors

Monese has raised a total funding of $269M over 11 rounds. Its first funding round was on 2014. Its latest funding round was a Series C round on May 01, 2024 for $*****. 1 investor participated in its latest round. Monese has 77 institutional investors and 24 angel investors.

Here is the list of recent funding rounds of Monese:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2024
5884376
Series C
8995809
9257586
7102786
3932366
Sep 02, 2022
6979147
Series C
8648138
4413147
6529929
Sep 20, 2021
2708979
Series C
8469363
3135635
3304453
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Monese's founders and board of directors

Founder? Claim Profile
The founders of Monese is Norris Koppel. Norris Koppel is the CEO of Monese.
Here are the details of Monese's key team members:

Monese's Board of Directors

Monese's board has 5 active members. Norris Koppel and Ola N. are part of team and Timothy Charles Levene, Anastasios Economou and George Sosei Karamanos are independent board members.
Here is the list of Monese's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
12y 8m
dcsgjro
Team
-
Past
3y 6m
ynedzxs
Team
-
Past
3y 5m
qvhgbwb
Team
-
Past
9y 9m
Investor
Kinnevik
Current
5y 2m
ighutld
Investor
-
Past
8y 7m
ywkrxqc
Investor
dkckbce
Past
8y 6m
ainflmt
Investor
qqabccv
Past
5y 2m
zvnhgad
Investor
{rnsldw
Past
7y 3m
Independent board member
-
Current
5y 2m
krkm{uc
Independent board member
-
Current
7y 5m
yuxynfo
Independent board member
-
Current
3y 4m
holbdvk
Independent board member
-
Past
2y 5m
eqkjfkp
Independent board member
-
Past
8y 9m

Monese's employee count trend

Monese has 146 employees as of May 26. Here is Monese's employee count trend over the years:
Employee count trend for Monese
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Monese's Competitors and alternates

Top competitors of Monese include Zvilo, Interpolitan Money and Chetwood Bank. Here is the list of Top 10 competitors of Monese, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Monese
Monese
2013, London (United Kingdom), Acquired
Provider of digital bank solutions for individuals and businesses
$269M
76/100
2nd
Logo for Zvilo
Zvilo
2019, London (United Kingdom), Seed
Digital bank for individuals & businesses
$591K
51/100
3rd
Logo for Interpolitan Money
Interpolitan Money
2020, London (United Kingdom), Unfunded
Digital bank for individuals & businesses
-
-
51/100
4th
Logo for Chetwood Bank
Chetwood Bank
2016, Wrexham (United Kingdom), Unfunded
Provider of a digital banking platform for financial application
-
-
40/100
5th
Logo for Fortu
Fortu
2019, London (United Kingdom), Seed
Digital bank for individuals & businesses
$685K
38/100
6th
Logo for Kashet
Kashet
2018, London (United Kingdom), Series A
Internet-first bank offering digital banking services for individuals and businesses
$6.67M
35/100
7th
Logo for Arro
Arro
2016, Manchester (United Kingdom), Unfunded
Neo Bank
-
-
33/100
8th
Logo for AltPay
AltPay
2018, London (United Kingdom), Seed
Internet-first bank
$384K
-
31/100
9th
Logo for LQID
LQID
2016, Milton Keynes (United Kingdom), Funding Raised
Platform offering digital banking services and e-commerce marketplace
-
29/100
10th
Logo for LQID
LQID
2018, Milton Keynes (United Kingdom), Funding Raised
Internet first bank
-
28/100
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Looking for more details on Monese's competitors? Click here to see the top ones

Monese's Investments and acquisitions

Monese has acquired Trezeo. Monese has not made any investments as of now.

Reports related to Monese

Here is the latest report on Monese's sector:

News related to Monese

lockFilter this list
Media has covered Monese for a total of 3 events in the last 1 year, 1 of them has been about partnerships.
Pockit to acquire MoneseThe PaypersOct 10, 2024Pockit, Monese
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FAQs about Monese

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