OverviewSuggest Edit

Monese is an online banking service provider. It offers online and mobile banking, cash withdrawals, card payments and international money transfers.
TypePrivate
Founded2013
HQLondon, GB
Websitemonese.com

Latest Updates

Employees (est.) (Sept 2020)273(-3%)
Revenue (FY, 2018)£5.5 M(+231%)
Cybersecurity ratingAMore

Key People/Management at Monese

Norris Koppel

Norris Koppel

Founder & CEO
Jonas Kiiver

Jonas Kiiver

Chief Technology Officer
Atul Choudrie

Atul Choudrie

Chief Commercial Officer & Managing Director Banking
Amish Mody

Amish Mody

VP of Finance
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Monese Office Locations

Monese has offices in London, Tallinn, Berlin and Lisbon
London, GB (HQ)
50 Finsbury Square, Finsbury
Show all (4)

Monese Financials and Metrics

Summary Metrics

Founding Date

2013

Monese total Funding

$81 m

Monese latest funding size

$3.17 m

Time since last funding

a year ago

Monese investors

Monese's latest funding round in June 2019 was reported to be $3.2 m. In total, Monese has raised $81 m
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Monese Revenue

Monese's revenue was reported to be £5.48 m in FY, 2018
GBP

Revenue (FY, 2018)

5.5m

Net income (FY, 2018)

(12.5m)

EBIT (FY, 2018)

(12.7m)

Cash (31-Dec-2018)

19.0m
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

346.4k1.7m5.5m

Revenue growth, %

16%5%(85%)380%

Cost of goods sold

212.8k1.2m3.6m

Gross profit

(851.0k)(1.9m)
GBPFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.6k157.8k8.1m1.3m19.0m

Current Assets

29.8k212.8k8.4m1.9m20.0m

PP&E

829.015.5k26.4k102.8k795.8k

Goodwill

127.4k
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(87.5k)(1.5m)(2.5m)(7.1m)

Cash From Operating Activities

3.3k(816.5k)(2.7m)(6.6m)

Cash From Financing Activities

100.0869.3k10.7m(135.0)

Net Change in Cash

1.6k156.2k7.9m(6.7m)
GBPFY, 2014

Financial Leverage

-0.4 x
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Monese Operating Metrics

Monese's Users was reported to be 270 k in Jan, 2018.
Jan, 2018

Users

270 k

Countries

20
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Monese Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

Monese Online and Social Media Presence

Embed Graph

Monese News and Updates

Monese partners with Paysafe to bridge the gap between cash and digital banking

Monese, the banking service that gives people the financial freedom to thrive anywhere, has partnered with leading specialised payments platform, Paysafe, to provide its customers with access to cash

Monese weighs job cuts, lowers funding ambitions - reports

Mobile banking startup Monese is set to make staffing cuts and lower its ambitions for a funding rou...

Revolut-rival Monese set to make 30 employees into millionaires as it eyes unicorn status

Monese's equity scheme has proven lucrative for its staff. But the fintech still needs to show it can deliver shareholder value, and keep apace with its peers. Revolut-rival Monese set to make 30 employees into millionaires as it eyes unicorn status

N26 and Monese growth announcements bolster fintech strength in 2020

Ballooning customer bases and strong valuations are set to solidify confidence in fintech during 202...

Monese signs up two million customers

Monese, the banking service that gives people the financial freedom to thrive anywhere, has today an...

Monese opens joint accounts

Monese, the leading banking service that gives people the financial freedom to thrive anywhere, toda...
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Monese Frequently Asked Questions

  • When was Monese founded?

    Monese was founded in 2013.

  • Who are Monese key executives?

    Monese's key executives are Norris Koppel, Jonas Kiiver and Atul Choudrie.

  • How many employees does Monese have?

    Monese has 273 employees.

  • What is Monese revenue?

    Latest Monese annual revenue is £5.5 m.

  • What is Monese revenue per employee?

    Latest Monese revenue per employee is £20.1 k.

  • Who are Monese competitors?

    Competitors of Monese include Qonto, N26 and Curve.

  • Where is Monese headquarters?

    Monese headquarters is located at 50 Finsbury Square, Finsbury, London.

  • Where are Monese offices?

    Monese has offices in London, Tallinn, Berlin and Lisbon.

  • How many offices does Monese have?

    Monese has 4 offices.