Monet

Monet

Private

Last Round

Seed

Sep 15, 2021

Total Funding Raised

$2M

Momentum Score

50 /100

Company Overview

Monet is a Colombian financial technology company founded in 2019 that provides digital credit services to individuals, particularly those who are underbanked or have no credit history. The company offers an online platform and mobile app for services like payroll-backed loans and cash advances. Monet utilizes open banking principles to analyze users' financial behavior for credit assessment, aiming to provide a fast and accessible alternative to traditional banking and informal loans. The company is an alumnus of the Y Combinator accelerator program (Summer 2021 batch) and has formed partnerships with major financial institutions like Bancolombia.

Sector

FinTech

Verticals

Lending & Credit, Credit Scoring, Digital Payments, Personal Finance, Digital Wallets

Business Model

B2C

Customer Profile

Payment Processing Fee

AI Layer

Application

Keywords

short-term loanscash advanceslending appopen bankingneobankunderbanked lendingbad credit loanscredit assessmentsalary advancedigital walletcredit buildingfee-based lendingfinancial inclusionpayment cardchallenger bank

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Caplight Momentum Score

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Monet Comps

Public and private peers based on sector, stage, and business model.

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

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Monet Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedSep 15, 2021

Key People

Founding team and executive leadership

Leonardo Devincenzi

Chief Executive Officer

Executive Team

Gonzalo Ferrés Devincenzi

Chief Technology Officer

Executive Team

Miguel Londoño Gómez

Chief Operating Officer, General Counsel, Member Board Of Directors

Executive Team

Daniel Arango Londoño

Chief Product Officer

Executive Team

Monet Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 17, 2026

    Monthly visitors increased 172% MoM, reaching 111.5K.

Monet Filings

SEC and related filings with document metadata.

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Monet Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Monet's valuation, stock price, and market status.

Firmographic Details

HeadquartersColombia
Employee Range50
Year Founded2019
Last FundingSep 15, 2021

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