Neobank comparison
Compare Mercury and Monese side by side: fees, regulation, platforms.
Best for startups
Mercury is the go-to operating account for venture-backed startups, pairing free business banking with a deep…
Best for newcomers without local credit history
Monese earns its place as an entry account for new arrivals who cannot yet pass a traditional bank's checks, …
| Feature | Mercury | Monese |
|---|---|---|
| Monthly fee | Free | Free |
| FX markup | 1% | 2.50% |
| Savings APY | - | - |
| Currencies | 3 | 3 |
| Card network | Mastercard | Mastercard |
| Deposit protection | FDIC up to 5,000,000 USD via partner-bank sweep | Safeguarded (FCA-authorised e-money) |
| Regulators | - | - |
| Best for | Best for startups | Best for newcomers without local credit history |
| Markets & account | ||
Mercury
Mercury is the go-to operating account for venture-backed startups, pairing free business banking with a deep sweep network and treasury tools.
Confirm current fees and rates on the provider's site. T&Cs apply.
Monese
Monese earns its place as an entry account for new arrivals who cannot yet pass a traditional bank's checks, with multi-currency basics built in from day one.
Confirm current fees and rates on the provider's site. T&Cs apply.
Line up any two accounts side by side, or browse the full list to find your next platform.