Who We Are?
Money Carer is the UK's largest provider of everyday money management and banking services for vulnerable people from all walks of life.
A multi-award-winning organisation established 16 years ago, Money Carer operates a banking and payments platform called Monika, which is used by hundreds of law firms, local authorities, care providers, and the National Health Service (NHS) to manage the everyday finances of their clients. In the last 12 months alone, the Monika platform processed more than half a billion GBP in transactions.
Empowering Payments for Social Good
We developed a range of innovative wearable payment devices—such as rings, bracelets, and keyrings - to promote greater financial inclusion. These devices are designed to help individuals who may struggle to use traditional debit cards due to physical disabilities or other challenges. What began as a practical solution to support the people we serve has also been widely praised as a thoughtful and inclusive initiative, further reinforcing our commitment to making everyday payments easier and more accessible for everyone.
I decided to get a payment bracelet as I like the way it feels on my wrist. It is very cool I love it.
— Sarah J
Money Carer Mobile app launch
The Money Carer Payment Wearables were created by the same innovators who built trusted platforms for financial independence and inclusion.
2009 - 2010
Foundation and Carer Card launch
- 2009 – Founded as a national social enterprise focused on money management for vulnerable adults.
- 2010 – Launched the UK’s first Carer Cards, prepaid debit cards for those providing care
2017 - 2018
FSCS Protected Current Account Switch Guarantee
Share information about your brand with your customers. Describe a product, share announcements, or welcome customers to your store.
2024
Introduced Fast Funds Access Servicein partnership with Go Cardless
The F.A.S.T. service transformed the way funds are quickly transferred for deputyship accounts - a process typically taking months to under one hour. In the last 12 months, over £500 million in transaction value has been processed through Monika.
2025
MoneyCarer wins Financial InclusionAward
In 2025, Money Carer was honoured with the Financial Inclusion Award at the Card and Payments Awards.This accolade acknowledges the organization’s dedication to providing accessible financial services for vulnerable populations across the UK.