Packed with everything you need
Make running your business feel like walking in the park.
Only sole traders or limited company directors in the UK can apply. Ts&Cs apply.
All things, all together
Get paid the easy way
Give customers options while saving yourself time and effort. Even create and send invoices with Pro and Team, which start from £5 a month.
Pay people easily
From staff to suppliers and everyone in between, including bulk payments for making multiple payments in one go with Team from £25 a month.
Tax and accounting
Connect your accounting software and automatically put money aside for tax with Pro and Team, which start from £5 a month.
Spending and expenses
Let your team spend up to limits that you set for them before they need approval, while you save time spent on admin. Available with Team from £25 a month.
Loans and overdrafts
Overdrafts and loans for eligible sole traders with a Monzo Business account, 18+, Ts&Cs apply.
Mobile and web access
Manage your business’ finances any time, from anywhere: at home, in the office or shop, and when you’re out and about.
Time-saving expense cards
Claim back lost time with employee expense cards you can set limits and controls for.
Let selected team members spend up to limits and save everyone from endless expense admin. Receipts, reasons for spending and VAT rates are all captured in the app for you to check.
Available with Team, starting from £25 a month.
Invoicing that works for everyone
Invoices that are simple to create and customise, send, chase and pay.
Create them in the app or on the web and give customers different ways to pay them.
Available with Pro and Team which start from £5 a month.
Make multiple payments in one go
Paying employees or suppliers doesn't have to mean copying across individual payment details or approving each and every payment.
Uploading your payee details, rather than entering them manually, makes sure that your important payments go through properly.
Bulk payments are available with Team, which starts from £25 a month. Ts&Cs apply.
Let the bookkeeping take care of itself
Connect accounting tools Xero, Freeagent and Quickbooks so you know all your spending’s properly documented. Letting you spend time on other things.
Available with Pro and Team which start from £5 a month.
Put your spare money to work earning interest
Use Savings Pots to:
Put your spare money to work, earning 1.60% AER interest (variable) paid monthly with no minimum deposit and a maximum £100,000 balance (Ts&Cs apply)
Automatically set aside money for unplanned business expenses, a big purchase, or to reinvest in your business
Withdraw money instantly when you need it most
How we compare with other banks
We've chosen a selection of high street and digital-first banks that offer similar business accounts to ours:
Starling Bank Business Current Account (Zero Fees), Barclays Business Account (up to £400k), HSBC Small Business Banking Account, and NatWest Business Account
Based on publicly available info on 18/09/24
LitePro (£5/m)Team (£25/m)
Starling
Barclays
HSBC
NatWest
LitePro (£5/m)Team (£25/m)StarlingBarclaysHSBCNatWest
Zero monthly fees
A UK current account with a debit card
Up to £85,000 FSCS protection on eligible deposits
Full mobile signup
24/7, human customer support
Unlimited, fee-free instant UK bank transfers
Payment links
Accept payments with Tap to Pay
Fee-free spending abroad
Apple Pay and Google Pay
Instant access savings
Pots to separate money
Automatic tax budgeting
Auto-export transactions, statements and invoices
Invoicing
Virtual cards
Connected accounts
Team access levels
Payment approvals
Expense cards and management
Multi user access levels
Bulk payments
Integrated accounting
Exclusive offers (like 6 months free Xero)
Budgeting, categorised spending and digital receipts
Sole trader loans and overdrafts (if eligible)
Deposit cash and cheques
Mobile and web access
Instant notifications 
International payments (outbound and inbound)
24/7 customer support
No need for branches, and no need to make an appointment. Our team is here to help whenever you need.
We know that your work doesn't always end at 5pm, so we don't either. Chat to us in the app whenever you need to, 24/7.