Finnish government works with startup on finance for refugees

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Finnish finance startup MONI strives to make the banking experience simpler and more streamlined, a notion shared by Finland’s government as it enters a partnership with the company. The government has chosen MONI for a pilot program to provide refugees with MONI Prepaid MasterCards and mobile-first, customisable payment accounts to replace the current cash payments of government benefits. The partnership is also experimenting with salary payments to MONI accounts for those refugees who have obtained a permission to work. With the help of the Finnish Immigration Service, the topped-up cash cards have been distributed to a number of refugees, allowing them…

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