We started Monzo because we think banking should be better. Monzo is a smartphone bank which updates your balance instantly, provides intelligent spending notifications, categorisation and targets (helping you manage your money) and is free to use abroad. We dont send your first pin through the post in 7 working days, we text it to you in real-time. You can split bills. You can send money to friends at a click of a button. And more. Monzo is the bank of the future, and its available from your pocket.