We try to track customer demand for new bank connections which we don’t yet cover. With about 15 000 connections to banks and other financial institutions around the world, we connect to quite a few. That being said, with all the financial services globally, we cannot connect to every single one instantly.

When we sum up all the requests for new connections to particular banks, a clear winner shows up – Monobank Ukraine. As we get a not-so-preverted sense of pleasure from fulfilling our customer’s wishes and requests, we’re quite giddy to announce that connecting to Monobank is finally available to everyone in Toshl Finance.

Instructions to connect:

Mobile app (Android, iOS)

1. Go to main menu / Bank connections, tap Add connection.
2. Find Monobank and tap it – it will show up among popular connections in Ukraine, or via search.
3. The web browser will open up. Tap the link “Open Monobank app and confirm”.
4. You’ll be redirected to the Monobank app to confirm the permission to connect.
5. Switch back to the web browser (step 3).
6. Tap the button “Finish connecting in Toshl”.
7. You’ll be redirected back to Toshl where you can limit the import by date and finish the importation. Accounts and transactions from Monobank will now import and continue updating automatically.

Step 5 is the crucial one, it’s the only thing you’ll really have to do manually other than tapping next/confirm, or similar.

Web app (toshl.com)

1. Go to main menu / Bank connections, tap Add connection.
2. Find Monobank and click it – it will show up among popular connections in Ukraine, or via search.
3. A web page with a QR code will open up. Use your mobile phone’s camera app to scan the QR code and open the contained link.
4. Provided that you have the Monobank app installed on this mobile phone, you’ll be redirected to the Monobank app.
5. Confirm the permission to connect with Toshl.
6. Check the web page on your computer again (where the QR code was displayed). The connection should now already be confirmed. Just click on the button “Finish connecting in Toshl”.
7. You’ll be redirected back to Toshl where you can limit the import by date and finish the importation. Accounts and transactions from Monobank will now import and continue updating automatically.
   
   

It sounds longer than it really is, the whole thing shouldn’t take more than a minute. The transactions coming in should also be categorised, provided that there was enough information in the transaction description. Also keep in mind that the transaction categorisation automatically learns from your corrections and transfers between accounts will also be detected.