United Kingdom · Payments & e-money
Monese LTD
Monese Ltd is a private limited company registered in England and Wales, with its registered office in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, firm reference 900960. Pockit Limited has held 75% or more of its shares since 17 December 2024. Under the Monese brand, it provides e-money accounts, Mastercard debit cards and payment services to UK personal and business customers.
Licences and registrations
Held by Monese LTD (LEI 875500SAVA6II6WVRN34). 2 entries on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900960 | United Kingdom | Active | 2019-11-12 | — |
|
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| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 900188 | United Kingdom | Cancelled - Authorised EMI | — | Ended 2018-07-13 |
|
Search the register ↗ |
Trading names on the register: Monese.com (FCA-EMI), Monese (FCA-EMI)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MNEEGB21XXX head office
- Connection to Swift
- Passive participant (no connection)This BIC is registered for identification only. The institution has no direct connection to the Swift network. Messages and payments reach it through a correspondent bank. The “1” in the eighth character of MNEEGB21 marks a passive participant.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2019-04-06
- Last updated
- 2025-02-20
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
Pockit Limited
Firm type
E-money and accounts
Trades as Monese
- Standing
- Pockit Limited completed its acquisition of the firm on 17 December 2024. The firm continues to offer Monese accounts in the UK under its own FCA authorisation.
- Ownership
- According to Companies House, Pockit Limited (company number 07157877) holds 75% or more of the shares and voting rights, and the 2024 accounts state that there is no ultimate controlling party.
- Direct parent
- Pockit Limited, United Kingdom
- Head office
- Eagle House, 163 City Road, EC1V 1NR London, United Kingdom
- Company register
- Companies House 08720992
- Incorporated
- 7 Oct 2013
- Founder
- Norris Koppel
Online
- Websites & references
- monese.com ↗
support.monese.com ↗ help centre
status.monese.com ↗ service status page
careers.monese.com ↗ careers site
signup.monese.com ↗ account sign-up - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · Medium ↗
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/08720992/filing-history/MzUyMzc0OTI4M2FkaXF6a2N4/document?format=pdf&download=0
- find-and-update.company-information.service.gov.uk/company/08720992/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/08720992/officers
- find-and-update.company-information.service.gov.uk/company/08720992/filing-history
- find-and-update.company-information.service.gov.uk/company/08720992
- monese.com/terms/uk-personal-terms-and-conditions-12-02-2026
- monese.com/fees-and-limits
- monese.com/terms
- monese.com/about
- hello.pockit.com/press-release
- fintechfutures.com/m-a/pockit-bolsters-monese-acquisition-with-new-board-appointments
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Several models
- Licensed firm it operates under
- Prepay Technologies Limited, United Kingdom Monese Ltd is appointed as the registered agent of PPT UK, which funds Monese card payments
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011, firm reference 900960. It also acts as registered agent of Prepay Technologies Limited (FRN 900010) and as an Authorised Representative of Steadypay Limited (FRN 789333) for consumer credit administration.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority United Kingdom | Authorised Electronic Money Institution | 900960 | In its own name | Active | monese.com ↗ |
| Financial Conduct Authority United Kingdom | Registered agent of Prepay Technologies Limited (FRN 900010) | — | As agent | Active | monese.com ↗ |
| Financial Conduct Authority United Kingdom | Authorised Representative of Steadypay Limited (FRN 789333) | — | As agent | Active | monese.com ↗ |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it keeps customer funds separate from its own, in a secure account with an authorised bank or covered by an insurance policy or similar guarantee. It also states that the funds are not covered by the FSCS.
- Payment schemes and card networks
- Mastercard Access not stated monese.com ↗
Faster Payments Access not stated monese.com ↗
SEPA Credit Transfer Access not stated monese.com ↗
Bacs Direct Debit and Bacs Credit Access not stated monese.com ↗
CHAPS (incoming) Access not stated monese.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers app-based e-money accounts in GBP, with optional EUR and RON accounts, plus debit cards, UK and SEPA payments, international transfers and business accounts. It says account opening does not require a UK credit history.
The firm serves UK customers under its FCA authorisation. Its Belgian sister company Monese EU SA serves EEA customers as the registered agent of PPS EU SA.
- Revenue
- GBP 12.2m
- Sells to
- Consumers · Small businesses
- Serves customers in
- United Kingdom
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Virraj Bharatkumar Jatania Director; CEO and founder of parent company Pockit Limited, which leads the enlarged business
- Executive
- Denis Shafranik Director
- Executive
- Malcolm Le May Director
- Executive
- Mark Newton-Jones Director
Recent events
Researched 29 Sep 2026 · Sources
-
Other
The firm joined a security agreement with Pockit Limited for a group funding facility, creating a fixed and floating charge over certain assets.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Harry Eugene Lockhart resigned as a director of the firm on 28 January 2026.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
Pockit Limited completed its acquisition of the firm on 17 December 2024 and became its person with significant control.
find-and-update.company-information.service.gov.uk ↗ -
Leadership
Founder Norris Koppel and three other directors resigned. Virraj Jatania, Malcolm Le May, Mark Newton-Jones, Denis Shafranik and Harry Eugene Lockhart were appointed.
find-and-update.company-information.service.gov.uk ↗ -
Merger / acquisition
Pockit agreed terms to acquire the firm, subject to FCA change-in-control approval, and committed up to GBP 15 million in equity with its shareholders.
hello.pockit.com ↗ -
Merger / acquisition
The firm sold its entire shareholding in XYB Ltd, its business-to-business banking platform, which then left the Monese group.
find-and-update.company-information.service.gov.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MNEEGB21XXX
- How the BIC breaks down
- MNEEBank
- GBCountry · United Kingdom
- 21Location · passive
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 875500SAVA6II6WVRN34
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 900960
- Licence no. · FCA-EMI
- 900188
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entries: Matched by Elucidate on the UK company number the register gives.
- Register-entry ID
- 5aaa7d0980f3
- Companies House no.
- 08720992 ↗
Profile
- Type
- Payments & e-moneyPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 2 entries on 1 register
- Activities
- Payment services
- E-money / stored value
- Licensed in
- United Kingdom
- Website (register)
- monese.com/gb/en ↗
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Persons with significant control
Companies House · company 08720992 ↗ · as at 9 October 2026
Companies House lists 1 person with significant control for Monese Ltd: 1 company.
| Name | Type | Nature of control | Notified |
|---|---|---|---|
| Pockit Limited ↗ | Company · UK | 75–100% of shares · 75–100% of votes · Can appoint or remove directors | 17 December 2024 |
| Pockit Limited: the company states that no person or legal entity has significant control over it. | |||
Companies report persons with significant control to Companies House. Elucidate has not verified them.
A person with significant control holds more than 25% of the shares or votes, can appoint or remove the board, or has significant influence or control. Dates of birth and addresses are not shown.
Matched on the Companies House number that the FCA register gives for this firm.
See the register at Companies House ↗Addresses
- Registered address
- EAGLE HOUSE 163 CITY ROAD LONDON EC1V 1NR UNITED KINGDOM
- Operational address
- EAGLE HOUSE 163 CITY ROAD LONDON LONDON EC1V 1NR UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Debtor agent, creditor agent or an intermediary agent
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MNEEGB21XXX</BICFI>
<LEI>875500SAVA6II6WVRN34</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MNEEGB21XXX</BICFI>
<LEI>875500SAVA6II6WVRN34</LEI>
<Nm>MONESE LTD</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>EAGLE HOUSE 163 CITY ROAD LONDON EC1V 1NR</AdrLine>
</PstlAdr>
</FinInstnId>This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2025-09-08 | Head office | — |
SEPA dates are when the institution became ready for the scheme.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate.
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Persons with significant control—Companies House · source ↗ as at 9 October 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: monese.com (official website) · original.
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