About Monneo

The Second European Union Payment Services Directive (PSD2), which came into force in January 2018, increased competition and diversity in the international payments industry.

It presented an opportunity for a new generation of fintech providers to improve services and choice for consumers and businesses.

Our founders came from an eCommerce background and saw the urgent need for a new technology platform through which merchants can access the digital services of trustworthy, leading banks across Europe.

Monneo is a brand name of E-Pay International LTD, is an Authorised Payment Institution regulated by the Financial Conduct Authority (802210) in the United Kingdom fully passported throughout the EEA.

Virtual IBAN: Monneo enables merchants to send and receive international B2B payments. Our dedicated Virtual IBAN accounts are issued via a network of reputable European banking partners operating through Monneo’s single banking interface.

Card Issuing: Merchants can attach contactless Visa debit card(s) to multiple Virtual IBAN accounts held via our multiple banking partners. They can monitor payments made online and at point of sale in real-time via Monneo’s secure online banking interface.

Leadership team

The Monneo team brings together experienced leaders from both the eCommerce and traditional banking industries. This ensures Monneo offers merchants reliable virtual IBANs for international payments whilst exceeding its banking partners’ need for compliance and trustworthiness.

Maurice Shear

Chairman, General Manager

30 years of experience with Bank Leumi London, Responsibility for Anti-Money Laundering, Liaison with the Financial Control Authority, administration of the Company.

Richard Kilsby

Deputy-Chairman, non-executive

Richard was a PW (predecessor form of PWC) audit partner responsible for FI audits, regulation and supervision. He was also joint lead in the Treasury Management Practice, before becoming CEO of Charterhouse Bank. Richard has been an inspector for the Bank of England and for the FSA (the predecessor of the FCA). His other positions have included Executive director of the London Stock Exchange responsible for Listing and Regulation and an Independent Monitor for the US Securities and Exchange Commission. Richard spent ten years as Chairman of 888 Holdings PLC. His NED roles have included Tullett Previn, Impact Holdings Plc, and Collins Stewart plc.

Jonathan Harfield

Director, Deputy General Manager

Director and Deputy General Manager. 25 years of international banking experience including as CEO and as a NED of six banks, including as Chairman. Has oversight for Compliance, liaison with Auditors, and is active in business development both in terms of geography and products.

Graham Arnott

Director, oversight compliance, policies and procedures

Graham Arnott is a qualified accountant, practicing in the United Kingdom. As Partner of Complex Matters, he has 30+ years’ experience in advising clients on matters of FCA regulation, audit & compliance, anti-money laundering & financial crime, due diligence, M&A and expert witness work.

Lilia Metodieva

Managing Director

Active in the eCommerce industry since 2006, with experience in operations management of card acquirers and knowledge about Visa, MasterCard and CUP regulations and compliance, online payments, alternative payment methods, risk management and marketing.

Barbora Freimannova

Head of Compliance

Experienced professional in payment card industry. Worked for more than 6 years at Visa Europe.

J.D. Christian Abu Dayeh

General Counsel

Doctor of Laws, experienced professional with focus on legal and regulatory framework of PSPs. Worked for major law firms as well as for BCG where he specialised in online solutions and fintech.

Auditor’s Reports

AML Compliance Audit

May 2020

AML Compliance Audit

September 2019

Leadership team

Contact Monneo