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Norris Koppel is an Estonian entrepreneur, best known as the founder of Monese, a global fintech company. He served as its CEO from its inception in 2013 until early 2023 and continues to be involved as a board member and significant shareholder. Koppel was inspired to create Monese due to his own difficulties opening a UK bank account as an immigrant. His vision was to provide instant, mobile-first banking services for people moving to new countries or those underserved by traditional banks. Under his leadership, Monese expanded across Europe, amassing millions of users and becoming a prominent name in the neobanking space, championing financial inclusion. He is recognized for his innovative approach to financial services and his commitment to making banking accessible to everyone, regardless of their credit history or residency status.
Norris Koppel's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
Conceptualized and founded Monese in 2013, driven by personal experience, to provide accessible mobile-first banking services for expatriates, gig economy workers, and the globally mobile population, addressing a significant gap in the traditional banking market.
As CEO, spearheaded Monese's growth from a UK-based startup to a service available in over 30 countries, serving millions of customers and processing billions in transactions annually.
Successfully raised over $170 million in funding for Monese from notable investors including PayPal Ventures, Kinnevik, Augmentum Fintech, and Investec, fuelling its product development and market expansion.
Positioned Monese as one of the early and leading neobanks in Europe, significantly contributing to the disruption of traditional banking and promoting digital financial services.
Advocated for and built a platform that provides essential financial services to individuals often excluded by mainstream banks, such as new immigrants and those with limited credit history, thereby fostering greater financial equality.
University of Westminster, London - Year 2001
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