Here’s an idea, being able to pay for a meal/shop and afterwards, being able to split the spend with other friends who use Monzo.
Monzo sends a notification to the friends phone, the friends can accept the split spend, and money will be taken out of their account accordingly and transferred the the payee.
A simple split would divide the spend equally. A more detailed option could be used to split according to who bought what. This would require inputting values.
If a friend doesn’t have Monzo a invite message could be sent to the friend, also with an IOU message. ‘You owe bill £15.80’ calculated by Monzo as mentioned. The user can pay this in cash or join Monzo and pay through the app.
Idea - Bill Wilkinson