Money Carer

Money Carer is a leading money management organisation supporting vulnerable individuals and those responsible for managing their finances.
At the core of its offering is Monika, a proprietary banking, cards, and payments platform that combines financial technology with tailored support to deliver secure, transparent, and highly personalised financial management. Monika is already trusted by over 300 UK law firms and local authorities.

Building on this, Money Carer continues to focus on innovation in financial inclusion. This includes the development of advanced payment mechanisms such as biometric fingerprint-protected cards and wearable payment solutions, designed to enhance both accessibility and security for users who may be at greater risk of financial harm. This work is further supported by the upcoming Spring 2026 release of a dedicated white paper exploring these innovations and their role in safeguarding vulnerable users.

In Summer 2026, Money Carer will launch a consumer version of Monika, specifically designed for individuals operating under a Lasting Power of Attorney (LPA). This account provides shared visibility for attorneys, with configurable controls allowing multiple approvals for higher-value transactions and real-time activity notifications.

The platform also includes secure document storage for LPA-related materials and integrates with the Land Registry to notify attorneys or nominated parties of property changes. An optional LPA Security Bond can be added to protect against financial mismanagement, whether intentional or accidental.

To support this ecosystem, Money Carer has launched a dedicated platform, https://lpa.co.uk, enabling attorneys to manage accounts efficiently while reinforcing strong governance and safeguarding of financial interests

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