Support for businesses throughout coronavirus
It's a challenging time to be a small business owner, but there's help at hand. We've explained the support that's available to you and your business throughout coronavirus.
If you don't have a Monzo Business account, you can apply for one straight from your phone. It's £5 per month for Business Pro, or no monthly fees for Business Lite.
Support from the government
The government's introduced several new initiatives to support small businesses and self-employed people throughout coronavirus - like cash grants, loans and more time to pay your taxes. We've explained the support that's available, and how you and your business can get help.
Small businesses
From financial support through loans and grants, to more time on your tax returns, learn more about the support available for small businesses here.
Self-employed people
The Self-employment Income Support Scheme (SEISS) has been introduced to help those who work for themselves throughout the coronavirus outbreak. Learn more about what's available and who's eligible here.
Early-stage companies
If your business is an early-stage company (or a "start-up"), you might be eligible for the Future Fund. Learn more about how that works here.
Tips from Monzo
We're working on some blogposts to help you get through the coronavirus lockdown - like how to take your business online, looking after your mental health and real stories from Monzo Business customers.
We can now accept corporate-owned businesses 🎉
If your Limited Company has investment from other companies, you are now welcome to apply for a Monzo Business account!
Receive international payments into your Monzo account
Receive money from around the world. 40+ currencies converted to pounds, ready to spend.
Business Instant Access Savings are here 🎉
Introducing our all-new business Instant Access Savings Pot, grow your spare funds.
Cost of living: how we’re supporting you and your business
The cost of living crisis is affecting all of us in some way. We’ve been speaking to business customers about their experiences and worries, and we’ve summarised how we can help as the situation evolves.
Virtual Cards, explained - A new feature for Monzo Business Pro
Virtual cards are brand new to Monzo Business Pro. We designed virtual cards to help Business owners and members to stay in control of their business spend and spend safely online.
Business customers - you can now send money abroad
We’ve partnered with Wise to give you a simple, cheap way to send money abroad. Always using the real exchange rate, with no hidden fees.