Monzo has just launched its business banking offering. The offer a free ‘Lite’ version, and a £5 per month ‘Pro’ version.
Its interesting to compare this 2 tier model to Starling, which currently offers just one version of its business account (which is free).
It’s great to see more players from the neo banks in this space. I use the Starling Business account myself (I ❤️Starling by the way ), but there are lots of other challenger bank competitors in this space – Tide, Anna, Coconut and Mettle, to name a few.