Monnai: Raises $3.15M in Seed Funding

Monnai Raises $3.15M in Seed Funding

• Monnai, a San Francisco, CA-based provider of an consumer insights platform to financial organizations, raised $3.15M in Seed funding
• The round was led by Better Tomorrow Ventures with participation from Commerce Ventures, Kearny Jackson, 9Yards Capital, Emphasis Ventures, and Ginkgo Ventures
• The company intends to use the funds for further development of the platform, new hires and continued global expansion
• The company is a global consumer insight infrastructure that enables fintechs to navigate efficiently the four key pillars of onboarding, trust and fraud risk, credit underwriting and collections
• It leverages 350+ insights aggregated and standardized across trusted ecosystems of Identity, Digital, Communication, Device and Payments data partners
• The company currently has customers in India, Southeast Asia and Latin America, with plans to expand into North America later this year