UK-based current accounts and money transfer services provider Monese has partnered with reward currency platform Avios.

The partnership will enable Avios customers to track their balance and transactions on the go.

Monese- Avious partnership

As a part of the tie-up, Avios will be integrated within the Monese app and will appear as a separate account along with the other currency accounts of the customer.

Avios Group CEO Andrew Crawley said: “Partnering with Monese is a significant move to making it even more convenient for customers to track their Avios while on the go.

“As Avios can be collected and spent in over 190 countries, we understand the need to have a banking account that’s as mobile as our customers.

“We look forward to working with Monese on our exciting plans to make collecting and spending even more rewarding.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In the following months, the two companies intend to offer additional benefits to Monese customers including referral bonuses and enabling exchange of Avios loyalty between Monese customers.

Additionally, a smart feature is scheduled to be introduced that will allow the customers to learn how everyday expenditure can enable them to earn more Avious points.

Launched in 2015, Monese provides instant banking services to a global mobile customer base.

It is said to have 800,000 customers across the 30 European countries. In September last year, it raised $60m in its Series B funding round.