About Monito
Monito is a company based in Lausanne (Switzerland) founded in 2013. Monito has raised $2.93 million across 3 funding rounds from investors including Tamedia, B&Y Venture Partners and Alexandre Gonthier. Monito operates in a competitive market with competitors including CurrencyTransfer, FXcompared, Senit, LumoXchange and Moneytis, among others.
- Headquarter Lausanne, Switzerland
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.93 M (USD)
in 3 rounds
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Latest Funding Round
$2.5 M (USD), Series A
Dec 19, 2018
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Investors
Tamedia
& 4 more
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Employee Count
Not available
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Funding Insights of Monito
Monito has successfully raised a total of $2.93M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in December 2018. 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.
Investors in Monito
Monito has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Tamedia, B&Y Venture Partners and Alexandre Gonthier.
| Investor | Description | Founded Year | Domain | Location |
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University backed startup accelerator
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Advertising, publishing, and digital media services are provided by Tamedia.
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Investor details for Monito
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Investments & Acquisitions by Monito
Investment portfolio details for Monito
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Financial Statements - Monito
Detailed financials for Monito
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Monito Comparisons
Peer comparison for Monito
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Competitors of Monito
Monito 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 CurrencyTransfer, FXcompared, Senit, LumoXchange and Moneytis, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Compare and transfer money across borders.
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Money transfer providers are compared for businesses and individuals worldwide.
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Remittance rate comparison platform
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A marketplace platform for secure remittances across Africa.
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Money transfer rates are compared to enable cost-effective remittances.
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Detailed competitors of Monito
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Latest news on Monito
Complete news archive for Monito
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Frequently Asked Questions about Monito
Monito was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Monito is headquartered in Lausanne, Switzerland. It is registered at Lausanne, Vaud, Switzerland.
Monito is a funded company, having raised a total of $2.93M across 3 funding rounds to date.
Monito was founded in 2013 in Lausanne, Switzerland, and operates in the fintech sector as an online platform for remittance comparisons. Rates and options from more than 450 money transfer operators are evaluated to support users in international transactions between countries. The service, rebranded from TawiPay, focuses on cross-border money transfers by providing data-driven insights for selecting cost-effective providers.
Monito's top competitors include ExchangeNow, CurrencyTransfer and Senit.
Monito has 5 investors. Key investors include Tamedia, B&Y Venture Partners, Alexandre Gonthier, MKS PAMP, and Venture Kick.