Stop waiting days for bank feeds. Reconcile stipends instantly with Monzo.
Get real-time transaction notifications that sync directly to Xero, FreeAgent, Sage and QuickBooks. Reconcile faster, pay stipends sooner, and trust an FCA-regulated UK bank to support your research finance. • Instant notifications for every transaction • Direct integrations with all major accounting platforms • FCA-regulated security and UK banking protection
Trusted by operations teams across the UK
Join over 800,000 UK businesses saving time on accounts and reconciliation with Monzo Business.
"I can spend more time doing the things I enjoy, which is why I started my business in the first place."
"I used to spend a lot of time doing accounts. Now, it's instant."
"The account and app make everyday banking quick and simple."
FCA-regulated UK business banking FAQs
Your money is protected by the FSCS as an FCA-regulated UK bank, and our accounting integrations help your finance and ops teams work more efficiently.
Read Business FAQsWho can apply for Monzo Business?
Only sole traders or limited company directors in the UK can apply. Terms and conditions apply.
What plans are available and how much do they cost?
Your account comes with the free Lite plan. You can upgrade to Pro for £9 a month, or Team starting from £25 a month. Ts&Cs apply.
Are my deposits protected?
Your eligible deposits may be protected by the Financial Services Compensation Scheme (FSCS) up to £120,000.
Do you offer overdrafts or loans?
Overdrafts and loans are available for eligible sole traders with a Monzo Business account, 18+, subject to eligibility and Ts&Cs.
Can I connect my accounting software?
Yes. Connect Xero, FreeAgent, Sage or QuickBooks to automate bookkeeping and save time on admin.
Resources
Insights for operations and finance teams
Practical advice on managing expenses, controlling budgets, and improving operational efficiency for teams handling company spending.
Get real-time budget visibility across your team
Category-based expense cards give every team member spending power within your defined limits. Built-in spend controls and real-time tracking let you monitor stipends and operational spend across teams, with Team plans starting at £25/month. Explore expense cards today and take control of your budget.