Skip to main contentSkip to navigationSkip to search

The story behind the product

Once upon a time

Do you want to know how Monese, our UK challenger-bank, came about? When Monese founder Norris Koppel first moved to the UK from Estonia, he faced a frustrating experience that is all too common…


With no UK credit history or utility bills proving his address, Norris was immediately denied a bank account. Without one, he found it near impossible to receive his salary or rent an apartment.


From his painful experience, Monese was born – a banking service that was inclusive, instant and on-demand. It was launched 2015. From then on, people from all over Europe can open a UK current account in minutes, free from the hidden fees and restrictions that legacy bank impose.


Monese was awarded best Challenger-Bank by European Fintech Awards.