Banner for monavate.com

monavate.com Reviews 142

TrustScore 4.5 out of 5

4.3

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

Review summary

Based on reviews, created with AI

Reviewers had a great experience with this company. Customers consistently praise the efficiency and speed of the refund process, often receiving their money within hours or a day. Many people were pleasantly surprised by how straightforward the service was, especially when dealing with funds from a closed company. The prompt responses and helpfulness of the team are frequently highlighted, making the overall experience very positive. However, some customers reported difficulties with contacting the company and receiving acknowledgements or updates regarding their refunds. A few other people also felt that their emails were ignored, leading to delays and frustration in getting their money back.

What people talk about most

Refund

People report positive experiences with refund, often expressing relief at finally getting their money back.... See more

Response time

Reviewers mention positive feedback about response times. Many customers praise the prompt replies to emails... See more

Service

Consumers find service to be positive. Many reviewers praise the quick, efficient, and polite service, with... See more

Payment

Customers consistently note positive experiences with payment. Many reviewers report quick and hassle-free... See more

Customer communications

Clients share ambiguous opinions on contact. While some reviewers were pleasantly surprised by being... See more

Based on these reviews

Rated 5 out of 5 stars

Applied for refund several months after weswap stopped trading. The information required was fairly basic and easy to provide. I asked for 2 currencies to be refunded but there was a very small amount... See more

Company replied

Rated 5 out of 5 stars

I was contacted by Monavate 'out of the blue' informing me there was possibly some money in a closed down account from WeSwap - I had forgotten/ didnt know about this! After completing a form...a fe... See more

Company replied

Rated 5 out of 5 stars

I had totally forgotten about my WeSwap account. I was written to informing me that I had money to claim. I replied - frankly expecting many months to pass. However within hours the money was in... See more

Company replied

Rated 5 out of 5 stars

Lovely email explaining I still had some money left on an old pre payment card. Explained thoroughly what was needed from myself. Easy to fill in form. Great experience off customer services.

Company replied

Rated 5 out of 5 stars

After not being unable to upload proof of ID the team there were very accommodating. A simple process contrary to what you might expect when trying to get funds back a company that’s gone bust. Thank... See more

Company replied

Rated 5 out of 5 stars

I received an email from Monavate to remind me i had money on a WeSwap card which had closed. The email provided a link to complete a form to process the refund, but i couldn't confirm how much was on... See more

Company replied

Rated 5 out of 5 stars

The refund of monies held on my Wise card was quick and painless, just fill out the web form. I was unsure of my credit amount so entered zero on the form, there was no issue getting all my money ref... See more

Company replied

Rated 5 out of 5 stars

What a fantastic serviced offered!!! I can highly recommend this service. A young lady called Libi assisted myself with an issue and was sorted within 24 hours

Company replied

Rated 5 out of 5 stars

The Monovate email came out of the blue. I had forthwith Forgotten about WeSwap altogether. It was not clear initially what the email was about, I even suspected spam given what was asked for. H... See more

Company replied

Rated 5 out of 5 stars

After receiving notification that I had some funds in my old 'We Swap' account, I used the information in the email to apply for a refund. Within 2 hours, Leila had the refund in my account - unbeliev... See more

Company replied

Rated 1 out of 5 stars

beware of this company, they issue cards to other companies, including MYPCS France, which is a scam company, just google it! they terminated my card and refused to refund my 500 euro, not providing a... See more

Rated 5 out of 5 stars

I thought I’d lost my money with Weswap, got in touch with Monavate they immediately sent me details of how to recover the funds. The process was simple and the funds were in my account within a coup... See more

Company replied

Rated 5 out of 5 stars

I received an email regarding my account with WeSwap. Less than 2 hours later I had received a refund into my bank of money that had been with WeSwap, impressive!!!

Company replied

Rated 5 out of 5 stars

Good correspondence from the manager you deal with. Nothing was difficult when forms needed to be completed. The issue was finalised very quickly and the service is second to none.

Company replied

Rated 5 out of 5 stars

Monavate was a joy to deal with, recovered money from WeSwap and with an identity check/verification the money was transferred very fast and efficiently to my account. All communications by the team... See more

Company replied

Rated 1 out of 5 stars

I have never received my refund, despite sending all the required information by email. Very bad service. I hate companies that don’t provide a phone number to speak to a human. 😡 first applied in Oc... See more

Company replied

Rated 5 out of 5 stars

I dealt with this company following a third party (WeSwap) insolvency. Monavate was appointed as custodian for the funds and dealt with refunds to customers. Very quick and very friendly customer serv... See more

Company replied

Rated 3 out of 5 stars

Update 23/04: I have now received my refund, communication issues appear to be with my email address. Thank you for processing my refund quickly. It would be nice to at least be acknowledged and re... See more

Company replied

Rated 1 out of 5 stars

I've raised a complaint with them regarding my PCS card, issued by monavate, i explain them it is urgent as this scam company(pcs mastercard). Still i didnt receive any useless reply and PCS keeps deb... See more

Rated 5 out of 5 stars

My claim for compensation was processed and the refund made to my account within hours - much quicker than I was expecting. It didn't matter that I couldn't remember how much was in my account, and in... See more

Company replied

Rated 5 out of 5 stars

I was using Monavate to receive a transfer from Weswap. The service was swift, personal and professional, I was glad to be dealing with a person instead of an automated chat.

Company replied

Rated 5 out of 5 stars

Excellent and efficient service. Sent details and received refund within/less than 24hrs. Any queries they are happy trying to answer.

Company replied

Rated 5 out of 5 stars

Monavate reached out to me to help me with securing a refund from WeSwap. I had assumed that the money was lost to me. Their process was clear and simple to follow. They processed my claim extremel... See more

Company replied

Rated 5 out of 5 stars

Efficient service, good to sort out issue with we swap refund. Only one thing at no point was a small fee mentioned.

Company replied

Rated 4 out of 5 stars

It has taken since October 2024 to eventually get my funds returned from my WeSwap account. I’m not sure how much cash I had in there as it was in Euros and Dollars. Also the WeSwap account closed an... See more

Company replied

Rated 5 out of 5 stars

Processed my WeSwap refund really efficiently with same day email Q&A & updates from the staff until settled, excellent

Company replied

Rated 5 out of 5 stars

I had a WeSwap card, and when the company closed, Monavate managed the refunds, and they were perfect, precise and quick in respond.

Company replied

Rated 1 out of 5 stars

Absolutely disgusting service. I had a weswap account with some euro's on it and requested a refund through Monavate as instructed. Sent all my details for the refund and received a confirmation email... See more

Company replied

Rated 5 out of 5 stars

Really nice to get the email reminding me I had money on this card which I had forgotten. Super clean and easy process to get the money back - great job.

Company replied

Rated 4 out of 5 stars

Thought I had claimed way back and was checking why no payment as yet but on checking I found there was a form to fill in on monavate which I did. My WhatsApp money was paid promptly into my account... See more

Company replied

Rated 5 out of 5 stars

Monavate helped me recover my money from WeSwap after they ceased trading. Very fast and efficient.

Company replied

Rated 5 out of 5 stars

Business completed within 24 hours! Excellent service couldn't have asked for more. Well done Monavate!

Company replied

Rated 1 out of 5 stars

I have been emailing back and forward for months to get a refund of my WeSwap balance and gotten nowhere. All documents asked for have been sent and now another month has gone past with no reply or ac... See more

Company replied

Rated 5 out of 5 stars

They reminded me I was due a refund - easy form to complete and documents to upload and refund arrived within an hour of doing that

Company replied

Rated 5 out of 5 stars

Great service from start to finish. They managed to quickly get me my money and made me feel at ease knowing my money was protected

Company replied

Rated 1 out of 5 stars

Despite the promised March follow up by Monavate still waiting for my refund - emails still being ignored and it would seem Monavate’s registered address at Company House is too vague to locate for pr... See more

Company replied

Rated 5 out of 5 stars

Contact about WeSwap and sorted within 2 hours of submitting the online form. Great service

Company replied

Rated 5 out of 5 stars

The simplicity of the procedure. I expected queries and delays but nobody could have done it better.

Company replied

Rated 3 out of 5 stars

I've waited around two years to get my WeSwap money back. I filled in the form and sent off the identification at the start but heard nothing back. I sent at least two emails chasing it up but heard n... See more

Rated 5 out of 5 stars

Fast and efficient service. I completed the application and my cash was in the bank within 2 hours.

Company replied

Rated 5 out of 5 stars

The service they provided was extremely quick and efficient. The paperwork was easy and straightforward to use.

Company replied

Rated 5 out of 5 stars

Took a matter of minutes to retrieve a good part of my WeSwap investment.

Company replied

Rated 5 out of 5 stars

I received a refund from the wind down of WeSwap within 24 hours of applying.

Company replied

Rated 5 out of 5 stars

The service was quick and easy to navigate and the resolution of the refund issue was done quickly.

Company replied

Rated 5 out of 5 stars

The speed with which the transaction was concluded after I made contact

Company replied

Rated 5 out of 5 stars

They sorted out my refund from We Swap with just one simple phone call, no hassle.

Company replied

Rated 1 out of 5 stars

I am waiting for a refund on my card, there was no receipt with the merchant they have no record or such a transaction

Company replied

Rated 4 out of 5 stars

Whilst there has been some time expended in recovering the monies owed, I was never side lined in the process when I queried it.

Company replied

Rated 1 out of 5 stars

***STATEMENTS*** 15/10/24 - WeSwap email - administration 18/10/24 - I make contact with Monavate, explain app isn't working so i can't prove balance 21/10/24 - Reply, go to w... See more

Company replied

Rated 4 out of 5 stars

The team at Monavate helped me get my funds back from WeSwap after that company ceased trading. They were quick to respond to my query and process my refund. Thank you.

Company replied


Company details

  1. Alternative Financial Service
  2. Cryptocurrency Service
  3. Financial Consultant
  4. Financial Institution
  5. Investment Service
  6. Non-Bank Financial Service

Written by the company

We're not your average payments company. Monavate is rewriting the rules of payments. Founded in 2020 to navigate a post-Brexit world, we’ve quickly become trusted partners to industry giants like Mastercard and Visa. Our innovative approach empowers businesses across fintech, Web3, and B2B sectors to streamline payments and create value.


Contact info

  • The Officers' Mess Business Centre, Royston Road, CB22 4QH, Cambridge, United Kingdom

  • www.monavate.com

4.3

Excellent

TrustScore 4.5 out of 5

142 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 66% of negative reviews

Typically replies within 2 weeks

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 5 out of 5 stars

Great experience

Lovely email explaining I still had some money left on an old pre payment card. Explained thoroughly what was needed from myself. Easy to fill in form. Great experience off customer services.

November 24, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Jackie. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

I stopped!

Once all the relevant checks were undertaken the service was fast and efficient. Would recommend the company.

November 24, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Maxine. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 1 out of 5 stars

Scammed by PCS and didnt get any help

I've raised a complaint with them regarding my PCS card, issued by monavate, i explain them it is urgent as this scam company(pcs mastercard). Still i didnt receive any useless reply and PCS keeps debiting "monthly fees" and inactivity fees" monthly to my "blocked" card and dont allow me to withdraw the balance. They just "blocked" my card for some kind of t&c violation and refuse to let me withdraw the money in the card, while draining the balance with their fees. Monavate you are guilty too as you issue cards to this scam company, PCS!

November 1, 2025
Unprompted review
Rated 5 out of 5 stars

Monavate helped me recover my money…

Monavate helped me recover my money from WeSwap after they ceased trading. Very fast and efficient.

November 20, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Clare. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Well done Monavate

Monavate reached out to me to help me with securing a refund from WeSwap. I had assumed that the money was lost to me. Their process was clear and simple to follow. They processed my claim extremely quickly. Well done Monavate.

November 19, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Stephen. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

A first class service

The Monovate email came out of the blue. I had forthwith
Forgotten about WeSwap altogether. It was not clear initially what the email was about, I even suspected spam given what was asked for.
However the service was very rapid.

November 19, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Simon. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Refund experience

I received an email regarding my account with WeSwap. Less than 2 hours later I had received a refund into my bank of money that had been with WeSwap, impressive!!!

November 19, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Heather. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

We Swap

They sorted out my refund from We Swap with just one simple phone call, no hassle.

November 11, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 4 out of 5 stars

Thank you.

Thank you for your help even though I had to chase you.
Once I contacted you again the refund came very soon.

September 10, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Diana. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Excellent and efficient service

Excellent and efficient service. Sent details and received refund within/less than 24hrs. Any queries they are happy trying to answer.

October 23, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Brian. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Fast and efficient

Fast, efficient and very helpful

October 16, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi David. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 4 out of 5 stars

Successfully honoured

Whilst there has been some time expended in recovering the monies owed, I was never side lined in the process when I queried it.

October 14, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Keith. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

WeSwap account query

Service was fast and reliable

August 29, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Very professional and prompt response.

I thought I’d lost my money with Weswap, got in touch with Monavate they immediately sent me details of how to recover the funds. The process was simple and the funds were in my account within a couple of days.
EXCELLENT!!

September 4, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Hi Mahesh. Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Processed my WeSwap refund

Processed my WeSwap refund really efficiently with same day email Q&A & updates from the staff until settled, excellent

August 21, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Thank you for your review! We appreciate you taking the time to share your experience with us.

Rated 5 out of 5 stars

Trustworthy

Prompt and efficient service

August 20, 2025
Unprompted review
monavate.com logo

Reply from monavate.com

Thank you for your review! We appreciate you taking the time to share your experience with us.

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look