About Monvenience
Monvenience is a company based in London (United Kingdom) founded in 2018. It operates as a Banking as a Service (BaaS), Commission-Based, and FinTech. Monvenience has raised $29.33 thousand across 1 funding round. Monvenience offers products and services including International IBAN Account, Prepaid Card, and White Label Banking Solutions. Monvenience operates in a competitive market with competitors including Monese, TreeCard, ePayments Group, Kashet and Strictly Money, among others.
- Headquarter London, United Kingdom
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
- Legal Name Monvenience Ltd.
- Date of Incorporation 29 Nov, 2018
- Jurisdiction LONDON, UNITED KINGDOM
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$29.33 K (USD)
in 1 rounds
-
Latest Funding Round
$29.33 K (USD), Seed
May 27, 2019
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Monvenience
Monvenience offers a comprehensive portfolio of products and services, including International IBAN Account, Prepaid Card, and White Label Banking Solutions. 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.
International IBAN accounts are provided for global transactions.
Prepaid cards are offered for global POS transactions.
White label banking platforms are provided for businesses.
Funding Insights of Monvenience
Monvenience has successfully raised a total of $29.33K through 1 strategic funding round. The most recent funding activity was a Seed round of $29.33 thousand completed in May 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 — $29,334
-
First Round
First Round
(27 May 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Seed - Monvenience | Valuation |
investors |
|
| 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 |
Investments & Acquisitions by Monvenience
| 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 - Monvenience
| 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 |
Monvenience Comparisons
Competitors of Monvenience
Monvenience 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 Monese, TreeCard, ePayments Group, Kashet and Strictly Money, 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 |
Digital banking services are offered to individuals and businesses.
|
|
| domain | founded_year | HQ Location |
NFC-enabled wooden debit cards are offered for consumer payments.
|
|
| domain | founded_year | HQ Location |
E-Money issuance, e-wallets, and prepaid cards are provided for payments.
|
|
| domain | founded_year | HQ Location |
Digital banking services are offered to individuals and businesses.
|
|
| domain | founded_year | HQ Location |
NFC-enabled debit cards for investors are provided.
|
|
| domain | founded_year | HQ Location |
Digital banking services are offered to high-net-worth individuals and businesses.
|
| 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.
|
Frequently Asked Questions about Monvenience
When was Monvenience founded?
Monvenience was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Monvenience located?
Monvenience is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Monvenience a funded company?
Monvenience is a funded company, having raised a total of $29.33K across 1 funding round to date. The company's 1st funding round was a Seed of $29.33K, raised on May 27, 2019.
What does Monvenience do?
Monvenience is focused on delivering international banking services, including IBAN accounts for cross-border transactions and SWIFTSEPA payment solutions. Services are extended to individuals and businesses globally, covering regions like Europe, Asia, and beyond. Multi-currency accounts and prepaid cards are offered to facilitate seamless global payments. White label banking platforms are also provided for businesses to operate under their own brand. The company targets sectors such as finance and technology, ensuring flexibility and competitive rates for international money transfers.
Who are the top competitors of Monvenience?
What products or services does Monvenience offer?
Monvenience offers International IBAN Account, Prepaid Card, and White Label Banking Solutions.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.