MONU connects deposit banks offering the best fixed income products deposit rates with leading banks and wealth managers. And it removes the most significant barriers savers face in getting better returns on their deposits.
HOW IT WORKS
The MONU Deposit Platform was created with a clear goal. Make it quick and easy to distribute and offer deposit products, without adding additional layers into your existing infrastructure. This means:
- Deposit banks leverage on existing core banking platform, retain full control over key processes such as KYC&AML and deposit administration
- Distribution partners keep control over the client relationship and the user-journey. From the distribution partners website, savers can easily choose from a range of high-performing savings accounts – all within a bank’s familiar system
- We organize the partners through supporting the integration to the platform and a providing a clear and flexible legal arrangement
- The MONU Deposit Platform makes it better, easier, and quicker, for all