Announcing our Series B and what comes next
Summary
We’re thrilled to announce that we’ve secured $60 million in capital, which will allow us to continue to develop the next generation of our mobile banking service and make it accessible to many more people around the world. Back in 2015 we released a basic, bootstrapped Monese product in the UK with the ambition to solve a key problem: how to make personal banking easily accessible to all. We see this as a vindication of our original mission statement - and a validation of our approach in addressing the inefficiencies and limitations inherent to the current banking system. Additional funding means we’ll be able to continue hiring the brightest and best - and expand our mission to make global banking accessible to everyone. We’ve achieved something remarkable – offering a mobile-only platform with a stellar Trustpilot rating, that the majority of our customers use as their primary salary account.
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