Tagged: monite

Fintech Monite Announces Additional Funding to Support US Expansion Efforts

Monite‘s seed funding has reached $16 million in order to support US expansion efforts. Monite confirmed that they’ve added additional ($6M) funding to their seed round, thanks to Valar Ventures and Third Prime, bringing their total to $16M. This top-up supports their European leadership “in… Read More

Monite’s CTO Andrey Korchak: Industry Executive Comments on Challenges Associated with Building Fintech Products

Monite, the API-first embedded finance company that helps B2B platforms capitalize on hassle-free finance automation for their clients, recently fortified its commitment to become an industry standard by appointing three Fintech professionals. Dan Osburn, a VP of product pivotal to Marqeta’s growth from a $20M… Read More

Embedded Finance Workflows Firm Monite Launches Payment Links to Support B2B Platforms Growth

Monite, an API-first embedded finance workflows startup, introduces Invoice Payment Links. It is described as “a hassle-free solution that enables invoicing and accounting platforms to earn two to five times per user by helping their clients to get paid 40% faster.” While many SMBs facilitate… Read More

Embedded Finance Fintech Monite Appoints Alex Akimov As Head of API

Embedded finance platform Monite has reportedly hired Alex Akimov to serve as Head of API, previously also Head of API of Adyen (in the most recent move as part of its platform scaling strategy). Somewhat like Adyen, currently capitalized at about $40 billion, Monite’s embedded… Read More

Monite Launches Finance Management Platform, Raises €1.1 Million

Berlin-based Monite has raised €1.1 million in pre-seed funding in advance of the launch of a finance management platform. Investors in the round include Tomahawk VC, signals Venture Capital, InVentures, and Runa Capital. Ex-Deutsche Bank board Ralph Müller, Postbank Board Member Lars Stoy, ex-Global Head… Read More