The Lisbon office, which follows Monese offices in London and Tallinn, is focussed on development and community engagement.

Monese Lisbon will be 25 employees strong by the end of the year, all new hires. The new office in Lisbon responds to the increasing demand across the UK and Europe for Monese’s personal and business banking services.

Monese also appoints Carla Batista as Operations Manager for the new Lisbon office. Carla joins after fourteen years at Visa Europe.

Norris Koppel, Founder and CEO of Monese, says: “Following the great success of Monese’s banking services in the UK and Europe, we are excited to open our new office in Lisbon, which is the next step in our international expansion. Lisbon is one of the top locations in Europe for tech and there’s a huge amount of potential when it comes to attracting, recruiting and working alongside Europe’s brightest tech talent. Our Lisbon office will be integral to our continued delivery of a popular, trusted and high-quality product, as well as a great experience for all Monese customers.

“I’m delighted Carla Batista is joining us to head up our Lisbon operations and she brings unrivalled experience from her career at Visa Europe. Carla will be responsible for growing our team in Lisbon. We are always looking for talented team members to join us in our new office and I’m looking forward to seeing what we will be able to achieve from our new base in Lisbon.”

The news follows Monese securing $60 Million in Series B funding in September 2018, which has paved the way for an aggressive product roadmap. The company plans to hire an additional 100 staff members by the end of this year, across its offices in UK, Estonia and Portugal, significantly increasing the size of its operations.

Monese recently launched the ‘Monese Business’ account, growing its offering to customers and businesses across the UK and Europe. ‘Monese Business’ is available to UK registered businesses in 11 languages, and will be launched in Europe very soon.

The demand for Monese’s services has continued to grow since its launch in 2015. With more than 600,000 sign-ups, 75% of incoming funds being from salary payments, and a 9.2/10 TrustPilot score, Monese is one of the most popular and trusted banking services in the UK and Europe. Monese is signing up 2,000 new customers everyday and customers move more than $3 billion per annum through Monese accounts.