Monizze

Brussels, Belgium Founded: 2011 • Age: 15 yrs Acquired By UP Coop
Digital solutions for electronic meal vouchers are provided.

About Monizze

Monizze is a company based in Brussels (Belgium) founded in 2011 was acquired by UP Coop in June 2015.. The company has 64 employees as of December 31, 2022. Monizze offers products and services including Maaltijdcheques, Ecocheques, Cadeaucheques, Activ’ cheques, and RewardFlex. Monizze operates in a competitive market with competitors including myShopi, askOLI, GetPlus, Freedelity and Australian Natural Proteins, among others.

  • Headquarter Brussels, Belgium
  • Employees 64 as on 31 Dec, 2022
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Monizze
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
    $23.97 M (USD)
    45
    as on Dec 31, 2022
  • Net Profit
    $7.74 M (USD)
    187
    as on Dec 31, 2022
  • EBITDA
    $9.76 M (USD)
    145
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    64

    as on Dec 31, 2022

  • Acquired by
    UP Coop

    (Jun 20, 2015)

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Products & Services of Monizze

Monizze offers a comprehensive portfolio of products and services, including Maaltijdcheques, Ecocheques, Cadeaucheques, Activ’ cheques, and RewardFlex. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tax-exempt vouchers for employee meal expenses.

Vouchers for eco-friendly purchases up to specified limits.

Gift vouchers for various occasions with tax benefits.

Vouchers for sports and cultural activities funding.

Platform for handling mobility budgets and cafeteria plans.

People of Monizze
Headcount 50-200
Employee Profiles 43
Employee Profiles
People
Caroline Dufrane
Learning and Development Manager
People
Bastien Duterme
Information Technology Officer
People
Nelly Chammas
Go-to-market & communication lead
People
Guillaume Rigaux
Développeur web

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Funding Insights of Monizze

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Monizze

Monizze has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UP Coop. 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.

All
Institutional
Investor Description Founded Year Domain Location
Payment solutions for employee and citizen benefits are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Monizze

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Monizze

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Monizze Comparisons

Employees
+
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Competitors of Monizze

Monizze 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 myShopi, askOLI, GetPlus, Freedelity and Australian Natural Proteins, 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
Provides online promotions, shopping lists, and deal aggregation for users.
domain founded_year HQ Location
Multi-category deals are provided via an online platform.
domain founded_year HQ Location
App-based platform offering rewards
domain founded_year HQ Location
Loyalty management platform is provided for Belgian retail businesses.
domain founded_year HQ Location
Provides high-quality sports supplements and clothing for fitness enthusiasts.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Monizze

Frequently Asked Questions about Monizze

When was Monizze founded?

Monizze was founded in 2011.

Where is Monizze located?

Monizze is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.

How many employees does Monizze have?

As of Dec 31, 2022, the latest employee count at Monizze is 64.

What is the annual revenue of Monizze?

Annual revenue of Monizze is $23.97M as on Dec 31, 2022.

What does Monizze do?

Monizze was founded in 2011 in Brussels, Belgium, where digital solutions for electronic meal vouchers are developed and offered. These solutions operate within the employee benefits sector, enabling the distribution of vouchers to beneficiaries. As of February 2016, 10,000 customers and 200,000 beneficiaries were served. Cards associated with the service can be utilized at local shops, restaurants, and supermarkets across the region.

Who are the top competitors of Monizze?

Monizze's top competitors include Freedelity, askOLI and GetPlus.

What products or services does Monizze offer?

Monizze offers Maaltijdcheques, Ecocheques, Cadeaucheques, Activ’ cheques, and RewardFlex.

Who are Monizze's investors?

Monizze has 1 investor. Key investors include UP Coop.

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