Business Details
17 Years
experience
Emergency
services
Trusted Appointeeship Services for Vulnerable Adults
The Money Carer Foundation is a national social enterprise established in 2009, dedicated to providing corporate appointeeship, money management, and direct payment services for vulnerable adults. With a team of 75 professionals, we combine cutting-edge technology and financial expertise to support individuals with diverse needs, including those with learning difficulties, mental health challenges, and addiction issues. Our proprietary banking platform, Monika, developed in partnership with Zempler Bank, enables secure and efficient financial management for clients, law firms, local authorities, and care providers.We are committed to innovation, having pioneered the carer card concept in 2010 and introduced the Appointee Security Bond in 2018 to safeguard client funds. As a Crown Commercial Services approved supplier, we adhere to rigorous fiduciary standards, ensuring transparency and accountability in all our operations. Our debt-free status reflects our financial discipline, allowing us to focus on our mission of promoting financial inclusivity and client autonomy while complying with the Mental Capacity Act (2005) and the Convention on the Rights of Persons with Disabilities (CRPD).
Services
Appointeeship Services
Deputyship Services
Carer Cards
Banking Platform
Bulk Transfers
Money Management
Direct Payments
Security Bonds
Mobile App Access
Financial Inclusion
Details
- Year established: 2009
Highlights and features
- We have over 15 years of experience in appointeeship services since 2009.
- Our proprietary Monika banking platform streamlines secure financial management.
- We protect client funds with the Appointee Security Bond developed in 2018.
- We partner with Zempler Bank to offer FSCS-protected bank accounts.
- Our debt-free status ensures long-term financial stability and client trust.
Associations and certifications
- Crown Commercial Services
- Security Bonds Limited
- Aviva Insurance
What people say
Secure financial management
Innovative banking platform
Compassionate support
Reliable service
Expertise in appointeeship
Services
Appointeeship Services
We manage welfare benefits and daily finances for vulnerable adults through tailored appointeeship plans. Our services include opening FSCS-protected bank accounts, paying bills, and ensuring compliance with DWP regulations. Clients benefit from real-time app access and the Appointee Security Bond for fraud protection.
Carer Cards
Our contactless Mastercards enable carers to manage client finances securely. Features include balance controls, instant payment requests, and integration with our Monika platform. Cards are FSCS-protected and usable globally where Mastercard is accepted.
Banking Platform
Monika is our proprietary banking platform for managing client finances. It offers real-time transaction tracking, secure document sharing, and budget planning tools. Used by 250+ law firms and local authorities, it ensures compliance and transparency in financial management.
Deputyship Services
We provide low-asset deputyship solutions for clients with limited resources. Our services include court applications, asset management, and annual reporting to the Office of the Public Guardian, ensuring adherence to the Mental Capacity Act (2005).
Bulk Transfers
We facilitate bulk transfers of appointeeships from care providers to our platform. This includes project management, stakeholder communication, and seamless banking transitions, reducing administrative burdens for partner organisations.
People
Sean Tyrer
CEO
Sean Tyrer leads The Money Carer Foundation with a focus on financial inclusivity. He has driven the development of innovative solutions like the Monika banking platform and carer cards, enhancing financial management for vulnerable individuals.
Lynne Coombes
Company Director
Lynne Coombes collaborates with The Money Carer Foundation on security bonds. Her expertise in risk management ensures client funds are protected through innovative financial safeguards and industry partnerships.
Questions
What is appointeeship?
Appointeeship involves managing welfare benefits for individuals who cannot handle their finances due to incapacity. We act as a corporate appointee, ensuring compliance with DWP regulations and client best interests.
How do you protect client funds?
We use the Appointee Security Bond and FSCS-protected bank accounts with Zempler Bank to safeguard client funds against fraud or mismanagement.
Can family members be appointees?
Yes, family members can apply to become appointees. We also offer support and resources to help them manage their responsibilities effectively.
What areas do you serve?
We provide services nationwide across the UK, partnering with local authorities, law firms, and care providers to support vulnerable adults.
How does the Money Carer app work?
Our app allows real-time access to account balances, secure messaging, and payment requests. It integrates with our Monika platform for seamless financial management and client oversight.
