Vergleichen Sie Monese und Tide

Vergleich

Monese and Tide are two modern mobile banks geared towards the increasingly digital generation, offering a variety of features designed to make managing daily finances more efficient and user-friendly. However, there are key differences between them.

Monese, a UK-based fintech company launched in 2015, focuses largely on personal banking. It provides users with the flexibility to open a UK or European bank account without the need for a local address or credit history. This is particularly valuable for travellers, expats, and those with poor credit. Monese's standout features include instant real-time information on account transactions, worldwide ATM withdrawals, remittances, budgeting and saving tools, and Google Pay and Apple Pay support. Accounts have three types: Simple, Classic, and Premium. Simple is free with certain usage restrictions, while Classic and Premium offer increased services for a monthly fee.

Tide, on the other hand, is a UK-based mobile-first banking platform launched in 2017, and it primarily caters to small businesses and freelancers. Tide users can open a sort code and account number in minutes, perform accounting functions, and have access to instant invoicing. Unlike Monese, Tide doesn’t have a physical debit card requiring PIN for transactions; instead, it sends a code to the mobile device linked to the account. Tide offers two types of accounts: Free and Plus. The Free account offers basic services, while the Plus account, for a monthly fee, offers additional services like priority in-app support, anniversary rewards, and legal helpline.

In overall comparison, both platforms streamline the banking process, offering cutting-edge fintech features. But Monese is more popular with individuals seeking personal banking solutions, especially for international use. Conversely, Tide is a better fit for small businesses and freelancers who require a mobile banking solution that can seamlessly integrate with their working lives.