Posted on 29/10/24 02:24 pm
Firstly, Monese is a British company established to provide money transfer services. The company has developed a financial application that allows users to create an account in pounds sterling, euros, and lei (the currency of Romania). Currently, the company operates in 31 countries across various economic zones. According to conservative estimates, as of January 2020, the application was used by more than 2 million people.
Generally, the company was founded in 2015 after Spotify invested $1.8 million in it. It was reported that before the launch of the application, more than 50,000 customers were already waiting for it. Monese works quickly and efficiently, conducting financial transactions in a maximum of 3 minutes. In 2017, the company also received additional development funding of $10 million from Kinnevik AB.
Initially, the company offered its services to customers for free, thereby attracting a growing user base. However, starting in 2016, the company began charging a fixed fee of £4.95 per month. Subsequently, the management revised its decision and introduced three types of subscriptions for its application: 1. “Simple” – with limited functionality; 2. “Classic” – including a wide range of financial services; 3. “Premium” – allowing access to all features of the application. The most expensive subscription costs customers £15 a month.
In the world of modern technologies and advanced financial transfers, creating a virtual account in the Monese application is a convenient solution for easier management of funds. There are many ways to do this, but we will focus on the safest and most straightforward method. You can open a profile in Monese in just 3 minutes using the following steps:
Finally, you can easily use this application and conduct financial transactions quickly and effortlessly, anytime and anywhere. We wish you good luck and thank you for your time spent reading this article.