CORDIS Project
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Monese is creating a mobile banking service that allows users to open accounts online without traditional documentation. This service aims to provide banking access to underserved populations across Europe, enabling faster onboarding and lower costs.
Owning a bank account has become a precondition for participating in the economic and social life of a modern society.
In the EU several population groups face remarkable difficulties in accessing a bank account service: 3.5 million mobile EU residents have had bank account access issues in their target countries and 22 million consumers would like an account but have not attempted to open one.
Underlying causes include practices that place non-residents at disadvantage, irregular income, inadeq…
MONESE LTD
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