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 an Authorised Payment Institution regulated by the Financial Conduct Authority (802210) in the United Kingdom.