Comparison

Monzo Bank vs Mojo Wallet

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Monzo Bank

A mobile banking app that helps you manage your money, track spending, and save effectively. It offers features like instant notifications, bill scheduling, and tools to split expenses with friends. You can also explore investment options and access a credit card for flexible payments.

Highlights
  • Instant spending notifications
  • Personalized savings pots
  • Bill and subscription management
  • Split bills and track shared costs
  • Investment options from £1
  • Award-winning credit card
  • Business banking features
Features
Read full description

MAKE YOUR MONEY MORE MONZO Images and description are relevant for the UK only. Hi, we're Monzo – a bank that lives on your phone. Numbers are kind of our thing. Here are a few of our favourites: 16 million: how many people bank with us 1 million: how many businesses bank with us 24/7: the hours and days you can chat to our customer support OPEN A FREE MOBILE BANK ACCOUNT IN MINUTES Track spending, save money, split bills and manage your finances, all in one app Sent money by mistake? Undo a payment within seconds before it leaves your account GET TO KNOW WHERE YOUR MONEY GOES Get instant notifications when money comes in and out of your account Learn about your spending habits with weekly and monthly insights Schedule your bills or regular monthly payments and manage subscriptions Get that payday feeling one business day early when your salary is paid via Bacs Free yourself from travel fees. Pay anywhere, in any currency on your debit or credit card (we pass Mastercard's exchange rate directly onto you, without hidden fees) SUPERCHARGE YOUR SAVINGS WITH POTS Create personalised Pots to separate spending money and savings Turn spare change into savings with automatic roundups Earn interest on money with Instant Access Savings Pots SPLIT AND PAY THE MONZO WAY Split bills, send reminders, and keep track of joint costs Get paid back or make payments with a link (limits apply: £500 for requesting money and £250 for making payments with a link) INVEST IN WHAT MATTERS TO YOU Choose from a range of investing options to suit your interests, financial goals, and the level of risk you’re happy with Start with as little as £1 Grow your investing know-how with bite-sized topics on investing essentials The value of your investments may go up or down. You could get back less than you put in. UK residents 18+. Ts&Cs apply MONZO FLEX: AN AWARD-WINNING CREDIT CARD Monzo Flex is a credit card you can count on. It gives you real-time balance updates, a credit limit up to £10,000 and a 0% offer you can use time and time again. Protect eligible purchases made with the Flex card with Section 75 Protection Apply from your Monzo bank account. Eligibility criteria & Ts&Cs apply. 18+. Not keeping up with payments may negatively impact credit score Representative example: 29% APR representative (variable). £1200 credit limit. 29% yearly interest (variable) BUSINESS BANKING FEELS BETTER WITH MONZO Monzo Business Banking helps small businesses stay on top of their finances. Voted Best Business Banking Provider at the 2024 British Bank Awards. Choose from Lite for free or upgrade to Pro or Team from £9 p/month Enjoy automated Tax Pots, multi-user access, invoicing, expense cards and more Connect Xero, FreeAgent, Sage or QuickBooks for taxes and accounting Send and receive money internationally: make payments from your bank account (depending on the currency, you may need a Wise account. Fees apply) and receive money from 40+ currencies via SWIFT Only sole traders and limited company directors in the UK can apply. Ts&Cs apply. TRUSTED BY MILLIONS 16 million customers and counting Voted Best Business Banking Provider – 2024 British Bank Awards Download Monzo today and join millions using mobile banking to make money simple. Manage your finances, savings, travel payments, credit cards and business banking, all in one award-winning app. Your eligible deposits in Monzo are protected by The Financial Services Compensation Scheme (FSCS) up to a value of £120,000 per person. You'll need a Monzo current account to access Investments, Instant Access Savings Pots and the Monzo Flex Credit Card. UK Residents only, Ts&Cs apply. Award is by Smart Money People. Registered address: Broadwalk House, 5 Appold St, London EC2A 2AG

About

Mojo Wallet

Manage your finances effortlessly in Lebanon with this digital wallet. It supports USD and LBP, offering secure transactions, cash flow management, and eSIM services for seamless connectivity.

Highlights
  • Send & Receive Money
  • Cash-In & Cash-Out via agents
  • Mobile & Service Recharge
  • eSIM Management
  • USD & LBP Support
Read full description

Mojo Wallet – Your Digital Wallet for Life in Lebanon Mojo Wallet is designed to make managing your finances effortless and reliable in today’s world. Operating in both USD and LBP, it’s your go-to solution for secure transactions, cash flow management, and staying connected worldwide through eSIM services. Why Choose Mojo Wallet? Living in Lebanon, you need a tool that supports your real time payments with maximum flexibility and convenience. Mojo Wallet puts you in control of your funds, so you can handle daily needs. Features: - Send & Receive Money: Transfer money instantly to family, friends, or businesses. Keep it seamless and stress-free. - Cash-In & Cash-Out: Whether you need to deposit money or withdraw cash through OMT and BOB agents, Mojo Wallet makes it quick and easy. - Recharge Your Balance: Top up your mobile or pay for popular services directly from the app. Forget about separate recharge platforms; everything you need is in one place. - eSIM Convenience: Manage your eSIM hassle-free, allowing you to stay connected on the go without a physical SIM card. Mojo Wallet combines simplicity and security, built to support your financial needs in Lebanon’s unique environment. Download now to experience smarter money management, from everyday expenses to major purchases!

Screenshots

Monzo Bank4 screens
Mojo Wallet4 screens

Verdict

The call

The clearest difference is ads: Mojo Wallet at none against Monzo Bank's shown. Mojo Wallet also leads on monetization model (free vs ad-supported) and iOS requirement (15.1 vs 17.0). Monzo Bank's advantage is ratings volume (5.7K vs 2) and rating (4.8 vs 4.5). On price, in-app purchases and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

ReceptionRating · Positive reviews · Number of ratings

Monzo Bank holds the better App Store score, 4.8 against 4.5. That said, the two scores are not equally well evidenced: Monzo Bank has 5.7K ratings behind it against 2, so its average is the more settled of the two.

UpkeepUpdate frequency

Monzo Bank ships an update weekly, Mojo Wallet every 3 weeks. Both last shipped on November 4, 2026.

Scorecard6 real differences · 4 level
Monzo Bank versus Mojo Wallet: the parameters behind the verdict, then further details
ParameterMonzo BankMojo Wallet
PriceFreeFree
Rating4.8 (5.7K ratings) — better4.5 (2 ratings)
Positive reviews70.8% of reviews—
Number of ratings5.7K — better2
Update frequencyWeekly — betterEvery 3 weeks
AdsYesNo — better
In-app purchasesNoNo
MonetizationAd-supportedFree — better
DevicesiPhoneiPhone, iPod — better
Requires iOS17.015.1 — better
Further details — not scored
Size477 MB100 MB
Age rating4+4+
DeveloperMonzo Bank LimitedINTERPAY SAL

Customer experience

Monzo Bank

All ratings5,699 ratings
Positive94.0%
Neutral1.4%
Negative4.6%
Written reviews2,102 reviews
Positive70.8%
Neutral3.1%
Negative26.1%

Mojo Wallet

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%

Bugs and requests

Monzo Bank

Reported bugs

3 issues
  • Login issues with email links
  • Address lookup not working
  • Recurring payment failures

Requested features

4 requests
  • iPad app version
  • Ability to hide balance from others
  • More customizable budgeting categories
  • Faster international money transfers

Mojo Wallet

Not enough reviews yet to summarise bugs or requests.

In-app purchases

None

Monzo Bank

No in-app purchases

None

Mojo Wallet

No in-app purchases

Questions

Is Monzo Bank free?
Monzo Bank is free to download, with no in-app purchases.
Is Mojo Wallet free?
Mojo Wallet is free to download, with no in-app purchases.
Which has better reviews, Monzo Bank or Mojo Wallet?
Monzo Bank is rated higher. Monzo Bank averages 4.8 out of 5 from 5.7K ratings, while Mojo Wallet averages 4.5 from 2 ratings.
Do Monzo Bank or Mojo Wallet have ads?
Monzo Bank shows ads; Mojo Wallet does not.
Which is updated more often, Monzo Bank or Mojo Wallet?
Monzo Bank ships an update weekly, and Mojo Wallet every 3 weeks. Most recently, Monzo Bank was updated on November 4, 2026 and Mojo Wallet on November 4, 2026.

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