Customers of the smart thinking money app – which is owned by ING –  can now view their Monzo current account details and transactions alongside their other accounts and cards, all on the Yolt app.

Yolt users will also be able to easily compare financial products and have more insight and control over their money.

This integration means that Monzo becomes the 30^th bank – and only the second challenger bank – to connect with Yolt.

“Both Yolt and Monzo communities have been very vocal in asking for this integration and with over 1500 requests, we are extremely excited to be able to announce the launch,” said Frank Jan Risseeuw, CEO at Yolt.

“This integration is a great example of how using the principles of Open Banking can give consumers more choice and freedom with their money.

“Through this integration with Monzo, we will help more people to un-think money, enabling them to enjoy life more.

“With the excitement of Open Banking in early January and now this digital banking integration, 2018 is shaping up to be a great year."

Tom Blomfield, CEO at Monzo (pictured above), added: “Making an API available opens up a wealth of new opportunities, for challenger banks, fintechs and – most importantly – customers.

“By allowing people to share their account information with other apps, safely and securely, APIs make integrations like this possible.

“For the customer, that means more choice, convenience and control over their money.”