Monite is a Berlin-based embedded finance startup, which is already active in the US, UK, and major European economies, despite being at Seed Stage. With their API partners like B2B neobanks, SaaS companies & marketplaces can embed Invoicing, AP Automation, and more in 3–5 weeks. They are looking for next year for their next funding and start to offer contract management.

We really want to make sure, that anyone who wants to offer workflows with financial documents … can integrate it with us. Ivan Maryasin, CEO & Co-Founder Monite

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The revolution is yet to happen for CFO tools.Ivan Maryasin, CEO & Co-Founder Monite

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Our tool could be build by bigger players in 12–18 months, but we give them an API with which they can start earn revenue in a few weeks.Ivan Maryasin, CEO & Co-Founder Monite

Our guest is today Ivan Maryasin the CEO and Co-Founder of embedded finance startup Monite. He worked in Moskow, Boston, and the Bay Area, and finally ended up in Berlin in the early team of Penta, as head of growth. He left Penta, when he saw the opportunity for embedded finance tools, especially for CFOs, in order to set up Monite.

Monite is an embedded finance startup, that enables non-financial companies to add financial functions without holding a license. The tool of Monite helps startups and SMEs automate some of their finance workflows. They enter the market another way, they are not offering their services to the clients directly, but enable the service providers to offer accounting and financial services, e.g. Qonto, and Penta.

They currently offer payables automation and receivables automation. Monite is currently available in the US, UK, and major countries of the EU.

In 2023 they will focus on contract management, to integrate in their functions.

https://medium.com/@startuprad_io/meet-monite-they-make-the-life-of-cfos-easier-startuprad-io-257afdc8be79

finance, treasury, embedded finance, treasury function, financial management, startup financial management, integration, saas, api, accounts payables, usa, uk, eu, germany, france, venture capital, hiring, open positions