All the benefits. None of the paperwork.
Card-based benefits with policy built in: no expiring vouchers, no reimbursement paper chase, full visibility for finance.
When benefits create admin instead of value.
The infrastructure used to deliver employee benefits too often adds overhead instead of removing it. Vouchers expire unused, reimbursements create paperwork, and finance teams cannot see whether benefits are used in line with policy, or at all.
Admin overload
Vouchers, reimbursements, and payroll adjustments multiply manual work for HR and finance.
Rigid offerings
Traditional benefits cannot flex to individual employee needs or evolving lifestyles.
Limited visibility
Finance teams cannot see real-time benefit usage by employee, category, or region.
Compliance gaps
Tax and policy compliance is difficult to enforce across manual benefit processes.
Designed for flexibility without losing control.
Employee benefit payments run on the same regulated infrastructure Monavate uses for enterprise card issuing and settlement — configured for benefits-specific spend, controls, and reporting.
Issue virtual or physical cards for benefits and allowances in minutes.
Define where, when, and how benefits can be used.
Eliminate manual claims, reimbursements, and payroll adjustments.
Track benefit usage live by employee, team, or category.
Support wellness, meals, travel, training, mobility, and more.
Their employee taps a card and the benefit is simply there: no vouchers, no claims, no reimbursement forms. Every benefit spent on the card returns a share of interchange, so the programme part-funds itself.
Everything you need to manage employee benefits at scale.
Delivered through Monavate's regulated payments platform — the same infrastructure used for card issuing, processing, settlement and compliance across all industries, configured for employee spend.
Card Issuing
Issue virtual or physical cards with real-time spend controls and full programme visibility.
Card Issuing & BIN Sponsorship
Programme Management
Manage card programmes, authorisation rules, and spend limits from one controlled environment.
Programme Management
Accounts & IBANs
Multi-currency accounts and virtual IBANs for faster, more flexible money movement.
Accounts & IBANs
Reporting & Data
Real-time dashboards and exportable data for finance, operations, and compliance teams.
Reporting & Data
Compliance and oversight
Ensure benefits remain auditable, compliant, and aligned to company policy.
KYC/AML & Compliance
UAB Monavate is a company incorporated in Lithuania under Legal Entity Code: 305628001 with registered offices at Konstitucijos av. 21A, Vilnius, LT-08130, Lithuania. UAB Monavate is authorised and regulated by the Bank of Lithuania under Authorisation Code: LB002139
The money held in your Card Account is not protected by the Financial Services Compensation Scheme (FSCS). This means that, unlike a bank account, your funds are not covered by a statutory compensation scheme if Monavate were to fail. Instead, we protect your funds in accordance with the Electronic Money Regulations 2011. These regulations require us to safeguard customer funds by:
i. keeping them separate from Monavate’s own money; and
ii. holding them in designated safeguarding accounts with authorised credit institutions, or otherwise protecting them in a manner permitted by law.
Safeguarding is designed to ensure that your funds are protected and prioritised if Monavate were to become insolvent. In such circumstances, safeguarded funds should not be available to Monavate’s creditors and are intended to be returned to customers, subject to the insolvency process.While safeguarding is not the same as FSCS protection, it is a regulatory mechanism specifically designed for electronic money accounts to help keep customer funds safe.