Monzo Bank is a British digital bank offering personal and business banking services, including current accounts, savings, lending products, and buy-now-pay-later options like Monzo Flex. It targets individuals and small businesses seeking transparent and fee-free banking experiences. Monzo's unique selling proposition is its mobile-centric approach, providing real-time spending tracking and budgeting tools, making banking more accessible and user-friendly. Its focus on solving financial problems rather than selling products sets it apart from traditional banks[1][3][5].