Monese was founded by Norris Koppel a serial Entrepreneur from Estonia. Koppel moved to the United Kingdom 17 years ago and had his application for a current account at a major high-street bank declined because he could not provide local proof of address and did not yet have credit history in the UK. This experience led Koppel to vow that one day he would launch a banking service that did not exclude customers based on their residency or credit history.
Monese has won multiple awards including:
• Best-Challenger Bank - European Fintech Awards 2016
• Research and Innovation Award - Horizon2020 2016
• Best Consumer Payments Programme - Emerging Payments Awards 2016
• Financial Inclusion Programme of the Year - Visa Europe Summit 2016