Building the next wave
of financial infrastructure

SMBs still manage their finance on paper, Excel and 5+ external tools, resulting in 5% revenue loss. We want to turn B2B platforms, neobanks, and fintechs into super-apps that solve this problem with automated invoicing, payables, and B2B payments.

Freeing SMBs from
Excel and paper

2021

2022 Jan-Jun

2022 Jun – Dec

2023

2021

The beginning

Monite was born in Berlin in 2020, with a founding mission to automate finance for SMEs. Soon after, Monite raised a € 1.1 million pre-seed round with Tomahawk VC, Signals VC, Possible Ventures, and Runa Capital
2022 Jan-Jun

Pivoted to embeddable finance and raised additional funding

Seeing greater demand for embedded solutions in the market, Monite transitioned into a B2B2B model, enabling other platforms to provide finance automation to SMBs
2022 Jun – Dec

Launched API-first products

In late 2021, Monite launched its first API-first products—Accounts Receivable and Accounts Payable—with the first clients taking them for a spin
2023

$10 million seed round raised, revenue-generating products are live

Monite kicks off 2023 with the launch of two new products for digital B2B payments: Invoice Payment Links and Bill Pay. The company raises another a total of $10 million in Seed funding

Backed by leading
experts in fintech

Victor Jacobsson

Co-founder of Klarna
Adriaan Mol

Founder of Mollie
Prajit Nanu

Founder of Nium
Phillip Valka

Investor at Apis Partners, ex-PayPal
Jason Pate

Head of Finance, Business and Corporate Development at Plaid
Jonathan Weiner

Fintech investor and Founder of Money2020
Ralph Müller

Ex-Deutsche Bank Board Member, Fintech investor, ex-McKinsey

Point 72 Ventures
Third Prime

s16vc
Longrun Capital
Runa Capital
Possible ventures
Tomahawk.VC
Audeo Ventures
Signals Venture Capital
365 Fintech

Industry-recognized innovation

Monite doubles seed round to €10 million

20.03.2022
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Next-Gen CFOs Need Next-Gen Tools to Power Their Organizations

01.03.2022
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Monite Raises $10M in Seed Funding

20.03.2022
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Monite raises another $5 million bringing in a total of $10 million in seed funding

20.03.2022
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Why we pay for employee mentors

01.03.2022
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The definitive 100 pioneering digital procurement solutions

01.03.2022
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How To Prepare For The Era Of Hyper-Niche B2B Super Apps

21.09.2022
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