United Kingdom · Financial services startup

Monite

Monite is a fintech company based in Berlin, founded in 2020.

Funding reportedLast round: Seed

Financial servicesLondon, United Kingdom

About Monite

Monite is a fintech company based in Berlin, founded in 2020.

It specializes in providing a financial automation platform designed for B2B platforms, neobanks, and fintechs. Monite's services include automated invoicing, accounts payable and receivable, expense management, and payment solutions, all of which can be embedded into existing business interfaces. The company offers an API-first, fully embeddable SaaS platform that allows businesses to automate core financial workflows quickly. Its product suite features AI-driven invoicing, bill payment automation, expense management tools, and cash flow management, among others. Monite focuses on serving B2B platforms that cater to small and medium-sized enterprises, enabling them to integrate financial functionalities without needing a financial license. With a mission to transform SME finance, Monite operates in the US, UK, and major European markets, helping businesses streamline their financial operations and reduce reliance on manual processes. The company has raised approximately $22.79 million in funding from various investors.

What company datasets say Monite raised

Funding, as reported

Reported in all17.4Min the source's currency
Rounds4
Last roundSeed
Last round dateFeb 2024
Investors listed25

Founders and team

From Monite's own website: 4 founders, 8 on the team.

Ivan MaryasinCEO / Co-Founder
Adrian MolFounder of Mollie
Prajit NanuFounder of Nium
Victor JacobssonCo-Founder at Klarna
  • Alex AkimovCTO
  • Sophie HaagensenCOO
  • Andrei IfrimHead of Engineering
  • James ReganVP of Sales
  • Jason PateHead of Finance, Business Development at Plaid
  • Kirsty CallaghanHead of Marketing
  • Marc PerezHead of Frontend
  • Sam McLeanHead of Design

On 5 portfolio pages

Investors who name them

Each firm lists Monite on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

transaction feesuser experiencewhite-label solutionsdigital paymentsbnpl integrationconsumersinvoice factoringwhitelabeled solutionsdistributionmarket segmentationpayment automationmulti-region complianceocrapi-first platformcustomizable invoicesautomated invoicing

Built with from their website

Google Tag ManagerWordPress.orgMailChimpGoogle WorkspaceCloudFlareViewport MetaLucidePostgreSQLwebpackMerge

+8 more

Amazon S3AIGoogle MeetPrometheusPriority HintsReactGoogle Font APISalesforce

Sector
Financial services
Industry code
NAICS 54151, 513210, SIC 7375, 7372
Region
England
Part of
OakNorth
Revenue
8M a year, as listed
Full record
Every detail in the company directory

Financial services in United Kingdom

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