Monthio

Monthio is a fintech company based in Copenhagen, Denmark, founded in 2018.

It specializes in automated creditworthiness assessments to streamline loan approval processes for banks and lenders. With a team of 51–200 employees, Monthio focuses on transforming financial transactions into monthly figures, providing a clear overview of an applicant's financial situation. The company aims to facilitate smarter financial decisions across Europe, helping both businesses and individuals achieve better financial health. Monthio offers a cloud-based, GDPR and ISO-certified platform that automates credit assessments using real-time open banking data. Key services include income and expense verification, account validation, risk analysis, debt insights, and automated credit decisioning. The platform enhances connectivity with banks through open banking integrations, ultimately reducing risk and improving customer experience. Monthio primarily serves B2B clients in the financial sector, including banks, consumer finance companies, auto finance institutions, and green lending providers, and is expanding its reach into new European markets.