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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

LSEG Launches Blockchain-Based Digital Settlement Network

This new platform aims to enhance financial settlement processes.Highlights: LSEG has launched a blockchain-enabled digital settlement network.The platform...

SWIFT to Build Shared Ledger for Tokenised Asset Transactions

New initiative aims to streamline digital asset transactions globally.Highlights: SWIFT is launching a shared ledger for tokenised assets.The...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

Innovative tool aims to streamline investment analysis and decision-making.Highlights: Keye introduces an AI co-pilot for private equity due...

Cosegic Strengthens Financial Crime Expertise with Fintrail Acquisition

The acquisition enhances Cosegic's capabilities in combating financial crime.Highlights: Cosegic acquires Fintrail to enhance financial crime capabilities.The acquisition...