Monzo
App-only UK bank with savings pots, budgeting and instant alerts
Launched 1 week agomonzo.com
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About Monzo
Monzo is a UK digital bank that runs entirely from an app. Customers open a current account on their phone and get a debit card, and spending notifications arrive as soon as a payment is made. Features include Pots for setting money aside, round-ups of spare change into savings, bill splitting and salary sorting. The bank also offers overdrafts, loans and business accounts. It appeals to people who want clear control of their money without visiting a branch.
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