The Inspiration Behind Monida

The name Monida is inspired by the Latin word Moneta, the Roman goddess whose temple marked the birthplace of the world’s first coins. Drawing from this rich history of financial innovation, Monida was created as a cutting-edge, fully digital financial platform that empowers users with seamless, accessible banking services.

What Monida Offers

Monida redefines banking by offering a suite of intuitive financial products, with a standout feature: international money transfers with zero fees for the end-user and unbeatable foreign exchange rates. Unlike traditional banks, credit unions, and finance companies, Monida ensures swift, transparent, and cost-effective solutions for sending money globally or across the street.

Our Mission

At Monida, we are committed to leveling the financial playing field. Our mission is to provide users with a superior, inclusive banking experience that makes it easier than ever to move money—whether it's a quick payment to your neighbor or supporting a loved one across the globe. With Monida, you can bank without borders.

  • NO HIDDEN FEES

    Monida debit cards have no monthly maintenance fees, overdraft fees, or foreign transaction fees, which makes banking more affordable.

  • OVERDRAFT PROTECTION

    Monida provides eligible users with fee-free overdraft protection of up to $200 (depending on qualifications), allowing purchases even if the balance is slightly negative.

  • EARLY DIRECT DEPOSIT

    With Monida, users can access their paycheck up to two days early when they set up direct deposit, offering quicker access to funds.

  • EXTENSIVE FEE-FREE ATM NETWORK

    Monida offers access to over 60,000 fee-free ATMs through networks like MoneyPass® and Allpoint, making cash withdrawals convenient and cost-effective.

Moving Money, Reimagined: Swift, Simple, Seamless