Moneco

Moneco

Private
Paris, Île-de-FranceFinTechhttps://moneco.app

Last Round

Crowdfunding

Mar 5, 2025

Total Funding Raised

$1.62M

Company Overview

Moneco is a financial technology company that operates as a neobank for the African diaspora in Europe. The company provides an application that allows users to open Euro and US dollar accounts, obtain an international VISA debit card, and facilitate money transfers to Africa. Founded in 2022 by Bilal Dahlab, Kuassi Jimmy Kumako, and Shams Radjabaly, Moneco aims to simplify financial management for migrant communities. The company participated in Y Combinator's Summer 2022 batch and is headquartered in Paris, France.

Sector

FinTech

Verticals

Digital Banking, Digital Payments, Personal Finance, Foreign Exchange, Digital Wallets

Business Model

B2C

Customer Profile

Freemium, Payment Processing Fee, Subscription SaaS

AI Layer

Non-AI

Keywords

neobankmigrant bankingmulti-currency accountchallenger bankmobile banking appinternational debit cardcross-border paymentsdiaspora bankingremittance serviceUSDC walletfinancial inclusionvirtual debit cardSEPA transfersIrish IBANACH transfers

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Moneco Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Moneco Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
CrowdfundingMar 5, 2025
SeedAug 1, 2022

Moneco Investors

Notable investors and investment history

Market signals

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  • Apr 17, 2026

    Monthly visitors grew 56% MoM to 30.1K.

Moneco Filings

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Moneco Filings

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Frequently Asked Questions

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Firmographic Details

HeadquartersParis, Île-de-France
Employee Range26
Year Founded2022
Last FundingMar 5, 2025

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