Compare Monese and Shine

How do Monese and Shine compare?

Monese and Shine are two mobile banks that offer digital banking solutions to customers.

Monese is a UK-based mobile bank that was founded in 2013. It offers its services in several European countries, including the UK, Germany, France, and Spain. Monese provides a range of digital banking services, including current accounts, savings accounts, and money transfer services. The bank also offers a debit card that can be used globally.

Shine, on the other hand, is a French mobile bank that was launched in 2018. The bank provides digital banking services to small businesses and freelancers in France. Shine offers a range of features, including a business account, invoicing tools, and expense tracking. The bank also provides a debit card that can be used globally.

When it comes to fees, both banks offer competitive pricing. Monese charges a monthly fee for its premium accounts, which provides additional benefits such as increased transaction limits and cashback. Shine, on the other hand, does not charge a monthly fee for its services, but does charge a fee for certain transactions.

In terms of user experience, Monese has a user-friendly app that provides a clear overview of transactions and balances. The app also offers instant notifications for transactions and account activity. Shine also has an easy-to-use app that allows users to manage their finances and access a range of features.

Overall, both Monese and Shine offer solid digital banking services that cater to different customer needs. Monese is more focused on individual customers, while Shine caters to small businesses and freelancers.