Monzo is a digital bank based in the United Kingdom that offers a range of financial services through its mobile app. Founded in 2015, it provides features like instant spending notifications, budgeting tools, and the ability to freeze and unfreeze your card instantly. The bank operates without physical branches, focusing on a user-friendly online experience. Customers can open an account quickly using their smartphones, and Monzo also offers services like international money transfers and savings accounts, making it a popular choice for tech-savvy individuals looking for convenient banking solutions.