Monzo

Monzo Business Invoicing helps businesses create, send, and track invoices for faster payments.

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  • Overview
  • Features
  • Pricing
  • Pros
  • Cons
  • Reviews

Monzo Overview

  • Updated December 12, 2025

Monzo Business Invoicing is a feature within Monzo’s business banking service that allows companies to create, customize, and send professional invoices directly from their account. It simplifies payment collection by enabling clients to pay securely through various methods.

The platform also provides tools to track invoice status, send reminders, and manage records, helping businesses save time and maintain efficient cash flow management.

Key Features

  • Business Account Options: Offer Lite and Pro plans that suit different business needs and budgets.
  • Invoicing Tools: Let you create, customize, send, and track invoices directly from your account.
  • Payment Tracking: Show whether an invoice has been viewed or paid, and allows follow-up reminders.
  • Integrated Payments: Accept secure online payments through links in invoices for faster transactions.
  • Accounting Integration: Connect with popular accounting software so your records stay accurate and up to date.
  • Tax Pots: Let you set aside money automatically for taxes to help with financial planning.
  • Expense Management: Provide tools to categorize spending and track business costs easily.
  • Multi-User Access: Allow teams to manage accounts together with separate permissions for each member.
  • Instant Notifications: Send real-time alerts for payments, transfers, and other account activities.
  • Mobile and Web Access: Enable account management from the Monzo app or through a secure browser.

Price

Plan Monthly Price Key Inclusions (relevant to invoicing)
Lite Free Basic business account; invoicing not included
Pro £9/month (first month free) Create, customize, send, chase, and process invoices; auto-exports; integrated accounting; tax pots
Team From £25/month All Pro invoicing features plus multi-user/team access, expense cards, bulk payments for teams

Pricing link: https://monzo.com/business-banking/plans-pricing

Pros

Competitor Pros of Monzo
Revolut Business Monzo offers a user-friendly app that connects directly to invoicing, budgeting, and tax pots. It lets you create, send, and chase invoices all in one place, which keeps things simple and clear. Revolut focuses more on multi-currency and global checkout tools, while Monzo centers on smooth invoicing workflows for UK-based businesses.
Starling Bank Monzo gives you built-in invoicing, budgeting, and accounting integrations in a clean, easy-to-use app. The experience feels more straightforward than Starling’s toolkit approach. That style can feel overwhelming for sole traders or small teams who just want to issue invoices and manage day-to-day money tasks.
Tide Monzo integrates well with Xero, FreeAgent, and QuickBooks, and also offers invoicing and tax-saving Pots—all inside one banking app. Tide offers bookkeeping and invoicing too, but Monzo puts more features in one mobile experience, which users often find more intuitive.

Cons

Competitor Cons of Monzo
Revolut Business Monzo only supports GBP, and lacks built‑in multi‑currency holding or exchange. You must use Wise for international transfers, which adds extra fees and steps. Revolut offers multi‑currency accounts and powerful checkout tools that Monzo doesn’t match.
Starling Bank Monzo’s business options feel simpler, but that comes at a cost: you won’t get Starling’s full range of currencies or 24/7 customer support. Starling suits businesses with multiple currencies or heavy international needs; Monzo is more limited in that regard.
Tide Monzo focuses on mobile convenience, but may not offer the same depth of automated bookkeeping and partnerships for SME lending that Tide does. Tide also offers cash deposit access via Post Office and PayPoint, which Monzo cannot offer.

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