About Monneo
Monneo is a company based in London (United Kingdom) founded in 2018 by Avi Veenstra.. Monneo has raised $121.54 thousand across 1 funding round. The company has 24 employees as of April 30, 2020. Monneo operates in a competitive market with competitors including Trustly, Komunal, Hardbacon, Yavin and Paytel, among others.
- Headquarter London, United Kingdom
- Employees 24 as on 30 Apr, 2020
- Founders Avi Veenstra
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Monneo Ltd
- Date of Incorporation 29 Mar, 2016
- Jurisdiction LONDON
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$121.54 K (USD)
in 1 rounds
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Latest Funding Round
$121.54 K (USD), Seed
Aug 05, 2019
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Investors
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Employee Count
24
as on Apr 30, 2020
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Funding Insights of Monneo
Monneo has successfully raised a total of $121.54K through 1 strategic funding round. The most recent funding activity was a Seed round of $121.54 thousand completed in August 2019. 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 1
- Last Round Seed — $121,542
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First Round
First Round
(05 Aug 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Seed - Monneo | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Monneo
| 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 - Monneo
| 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 |
Monneo Comparisons
Competitors of Monneo
Monneo 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 Trustly, Komunal, Hardbacon, Yavin and Paytel, 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 |
Open banking payment processing is enabled for businesses and consumers.
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| domain | founded_year | HQ Location |
Digital banking services are provided for rural communities in Indonesia.
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| domain | founded_year | HQ Location |
Financial products are compared through a mobile app for individuals.
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| domain | founded_year | HQ Location |
Payment processing services are provided by Yavin to businesses globally.
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| domain | founded_year | HQ Location |
End-to-end payment solutions are provided for banks and fintech platforms.
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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 Monneo
Frequently Asked Questions about Monneo
When was Monneo founded?
Monneo was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Monneo located?
Monneo is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Monneo a funded company?
Monneo is a funded company, having raised a total of $121.54K across 1 funding round to date. The company's 1st funding round was a Seed of $121.54K, raised on Aug 05, 2019.
How many employees does Monneo have?
As of Apr 30, 2020, the latest employee count at Monneo is 24.
What does Monneo do?
Monneo was founded in 2018 and is based in London, United Kingdom. An online platform is provided as a marketplace for financial products aimed at businesses. Services encompass IBAN accounts, deposit accounts, money transfers, online and offline purchases, payment gateways for accepting payments, and tools for transaction monitoring. Operations focus on the fintech sector to support business financial needs.