The new feature sees Monese customers gain access to Raisin's cross-border deposits marketplace so that they can shop around for a competitive interest rate via the various European banks signed up to Raisin.
The partnership means that Monese users can continue to make cash deposits of up to £500 directly into their accounts at a time and place of their choosing. All deposits processed via PayPoint are completed in real time, enabling customers to access their funds via the Monese app almost instantly.