You opened a Monese account when you first moved to the UK, before you had a credit history. Three years later you have a high-street current account, a pension, and a S&S ISA. Monese is still useful, but the financial picture is bigger now. Here is the honest difference.
Monese is a UK mobile current account built for new arrivals to the UK. The platform offers a current account, a multi-currency account, and money transfer services. The product is genuinely useful for people who arrived in the UK without a UK credit history, or who need to send money abroad cheaply.
Delphina is a different shape of product. It is not a current account. It is a personal financial clarity platform that connects to your existing bank accounts (including Monese, if you still use it) and shows you your full financial picture. The question Delphina answers is "where do I stand, and what should I do next?".
Monese is strong on the banking basics for new arrivals. The account can be opened without a UK credit history, the multi-currency support is useful for people who send money abroad, and the money transfer rates are competitive. For someone who arrived in the UK in the last 12 months and needs a working current account, Monese is a credible answer.
Monese is also a real FCA-regulated UK bank, not a third-party platform. The deposits are protected up to £120,000 per eligible person, per authorised firm, under the Financial Services Compensation Scheme, same as any UK high-street bank.
Delphina is built for the question Monese does not answer. Your Monese account shows you your Monese balance. Delphina shows you the full picture across every account you hold: Monese, your high-street current account, your credit card, your pension, your ISA, your property. The platform then plans from there: budget, retirement projection, FIRE number, monthly action.
Delphina also gives you a UK-specific retirement plan. A 38-year-old with Monese as their current account, a workplace pension, and a S&S ISA gets a specific projection in Delphina.
| Feature | Monese | Delphina |
|---|---|---|
| FCA-regulated UK current account | ✓ | ✗ |
| Aggregated view across all accounts | ✗ | ✓ |
| Multi-currency support | ✓ | ✓ |
| FSCS deposit protection up to £120,000 | ✓ | ✗ |
| Long-term UK retirement forecasting | ✗ | ✓ |
| Goal-based monthly action list | ✗ | ✓ |
| UK State Pension forecast | ✗ | ✓ |
| FIRE number and date projection | ✗ | ✓ |
| Money transfer abroad | ✓ | ✗ |
| Connects to existing UK bank accounts | ✗ | ✓ |
| Annual Cost | Free current account, fees for some services | Free tier available |
Connect your main UK current account to Delphina this week, even if you keep your Monese account for the multi-currency side. Within a fortnight you will know your full UK financial picture, plus a specific retirement number.