About Monexo
Monexo is a company based in Hong Kong (China) founded in 2014 by Mukesh Bubna.. Monexo has raised $2.09 million across 3 funding rounds from investors including Capital First, Eureka Stock and Share Broking Services and CloudKaptan. The company has 33 employees as of May 17, 2024. Monexo operates in a competitive market with competitors including WeLab, Lufax, CreditEase, JD Finance and Jimubox, among others.
- Headquarter Hong Kong, China
- Employees 33 as on 17 May, 2024
- Founders Mukesh Bubna
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Monexo Fintech Private Limited
- Date of Incorporation 06 Jan, 2016
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$806.89 K (USD)75.41as on Mar 31, 2023
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Net Profit
$-204.8 K (USD)-88.74as on Mar 31, 2023
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EBITDA
$-286.07 K (USD)-65.77as on Mar 31, 2023
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Total Equity Funding
$2.09 M (USD)
in 3 rounds
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Latest Funding Round
$477.03 K (USD), Seed
Mar 31, 2021
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Investors
Capital First
& 10 more
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Employee Count
33
as on May 17, 2024
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Funding Insights of Monexo
Monexo has successfully raised a total of $2.09M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $477.03 thousand completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $477,026
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First Round
First Round
(01 Dec 2014)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Monexo | Valuation | Mrug Promoter And Fincon , Jai Ram Exim Marketing |
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| Jun, 2017 | Amount | Seed - Monexo | Valuation |
investors |
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| Dec, 2014 | Amount | Seed - Monexo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Monexo
Monexo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Capital First, Eureka Stock and Share Broking Services and CloudKaptan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Stock broking and financial services are provided in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Monexo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Monexo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Monexo Comparisons
Competitors of Monexo
Monexo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeLab, Lufax, CreditEase, JD Finance and Jimubox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products are offered through an online platform.
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| domain | founded_year | HQ Location |
Personal loans are connected via an online P2P lending platform.
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| domain | founded_year | HQ Location |
Financial services in wealth management and microcredit loans are offered.
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| domain | founded_year | HQ Location |
Consumer and business loans are facilitated via an online platform.
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| domain | founded_year | HQ Location |
US equities market investment trading platform and fintech product marketplace
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| domain | founded_year | HQ Location |
China Rapid Finance is recognized as a leading consumer lending marketplace in China.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Monexo
Frequently Asked Questions about Monexo
When was Monexo founded?
Monexo was founded in 2014.
Where is Monexo located?
Monexo is headquartered in Hong Kong, China.
Who is the current CEO of Monexo?
Mukesh Bubna is the current CEO of Monexo. They have also founded this company.
Is Monexo a funded company?
Monexo is a funded company, having raised a total of $2.09M across 3 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Dec 01, 2014.
How many employees does Monexo have?
As of May 17, 2024, the latest employee count at Monexo is 33.
What is the annual revenue of Monexo?
Annual revenue of Monexo is $806.89K as on Mar 31, 2023.
What does Monexo do?
Monexo is an online marketplace which allows borrowers to borrow money in lieu of future rental income of their property. It allows the loans between HK50,000 and HK1M or up to 48x of monthly rental for a loan tenure ranging between 6-48 months. It considers private residential, private office, private commercial and private industrial properties for loans. It charges a one time application fee and a percentage of the loan amount as fee from borrowers. Investors on the platform can lend from HK1,000 in different loans and diversify their portfolio. Lenders need to have a minimum of HK100,000 in their account to start investing. It provides a conditional insurance coverage of up to HK600,000 to investor and up to legal costs of proceedings to the borrower. It charges a one-time application fee and a percentage of monthly repayments as fee from lenders.
Who are the top competitors of Monexo?
Monexo's top competitors include WeLab, Lufax and CreditEase.
Who are Monexo's investors?
Monexo has 11 investors. Key investors include Capital First, Eureka Stock and Share Broking Services, CloudKaptan, Mrug Promoter And Fincon, and Jai Ram Exim Marketing.