Monnai Raises $3.15M in Seed Funding

Monnai

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.

Founded in 2021 by Pierre Demarche and Ravish Patel, Monnai 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.

Monnai currently has customers in India, Southeast Asia and Latin America, with plans to expand into North America later this year.

FinSMEs

29/09/2022