Freemarket
We make it safer, faster and easier for businesses to move money around the world.
139 employees · est. 2011 · London, United Kingdom
Monese
Mobile app offers instant account access for border-crossing without reliance on banks.
39 employees · est. 2015 · London, United Kingdom
Freemarket is the older company (2011 vs 2015); Freemarket is the larger of the two.
Side-by-Side Comparison
| Metric | Freemarket | Monese |
|---|---|---|
| Founded | ||
| Founded | 2011 older | 2015 |
| Headquarters | ||
| Headquarters | London, United Kingdom | London, United Kingdom |
| Employees | ||
| Employees | 139 larger | 39 |
| Industry | ||
| Industry | Finance, Financial Services, Fintech | Finance, Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Private Equity | Unknown |
| Total Funding | ||
| Total Funding | $6.30M | $190.17M |
| Funding Rounds | ||
| Funding Rounds | 5 | 13 |
| Services | ||
| Services | Cross-Border Payments, Multi-Currency Accounts, Foreign Exchange (FX) Solutions | Digital money accounts, International money transfers, Budgeting and savings tools, Credit building services, Contactless payment solutions |
| Target Customers | ||
| Target Customers | Regulated Businesses in High-Stakes Industries, E-commerce Companies, International Businesses | Individuals without traditional banking access, Frequent international travelers, Foreign nationals, Individuals seeking credit improvement, Tech-savvy users looking for mobile banking alternatives |
| Taxonomy | ||
| Taxonomy | Cross-Border Payments, Currency Exchange, Foreign Exchange, Payments, B2B Payments, Finance, P2P Exchange, Banking, FX Payments | Digital Banking, Multi-currency Accounts, Alternative Banking, Cross-border Transactions, Instant Account Access, Border-crossing Financial Services, Localized Banking Experience, Mobile-only Banking, Customer Service Innovation, Banking Without Traditional Banks |
| Website | ||
| Website | wearefreemarket.com | monese.com |
About Freemarket
Freemarket, founded in 2011 and headquartered in the United Kingdom, is a dynamic player in the Fintech sector. The company specializes in making cross-border payments and currency exchange smoother and more efficient for businesses worldwide, living up to its slogan, "We make it safer, faster and e...
About Monese
Monese is a United Kingdom-based fintech startup revolutionizing traditional banking by offering a mobile application for instant account access, facilitating seamless border-crossing financial transactions without reliance on traditional banks. Founded in 2015, Monese specializes in Finance, Finan...
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Funding, hiring, leadership and stack changes at Freemarket and Monese — by email.
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Compiled from the BounceWatch company index. We last looked at Freemarket on 3 Jul 2025, and Monese on 31 Aug 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.