Unique Selling Point:
With Monzo’s ‘Pots’ feature, users can set money aside from their main balance for specific mini accounts to help save for things like vacations and rainy day funds. Users can also automatically round up purchases to save their change.

Who is this app for:
The Monzo App is a popular money management app in the UK which has recently launched in the US. It allows users to manage day-to-day spending, send and receive payments and shop in stores and online with the Monzo debit card. Frequent international travelers will likely be attracted by the lack of mark up from Monzo on the exchange rate when they travel – users get the official Mastercard rate on to every time the spend money abroad. 

Bonus points:
– Monzo accounts are FDIC insured up to $250,000, so users know that their money is in safe hands.