Monese Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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163
- Latest Deal Type
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M&A
Monese General Information
Description
Developer of a financial platform designed to offer digital banking services with a multi-currency account. The company's platform offers an easy way to open a current account quickly, without the credit checks or residency restrictions imposed by traditional banks, enabling clients to avail a way to shop online, receive a salary, and make purchases at stores.
Contact Information
Website
www.monese.com(Operating Subsidiary)
Corporate Office
- Eagle House, 163 City Road
- London EC1V 1NR
- England, United Kingdom
Corporate Office
- Eagle House, 163 City Road
- London EC1V 1NR
- England, United Kingdom
Monese Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 17. Merger/Acquisition | 09-Oct-2024 | Completed | Generating Revenue | |||
| 16. Later Stage VC | 01-May-2024 | Completed | Generating Revenue | |||
| 15. Secondary Transaction - Private | 07-Feb-2024 | Completed | Generating Revenue | |||
| 14. Debt - General | 01-Dec-2022 | Completed | Generating Revenue | |||
| 13. Secondary Transaction - Private | 09-Oct-2022 | Completed | Generating Revenue | |||
| 12. Later Stage VC (Series D) | 19-Sep-2022 | Completed | Generating Revenue | |||
| 11. Later Stage VC (Series C) | 25-May-2022 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 9. Later Stage VC | 01-Jul-2020 | $40.7M | $117M | Completed | Generating Revenue | |
| 8. Later Stage VC | 21-Jan-2020 | $131M | Cancelled | Generating Revenue |
Monese Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| D Convertible Preferred | ||||||||
| Series C | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series B | ||||||||
| Series B | ||||||||
| Series B | ||||||||
| Series A | ||||||||
| Series A | 430,000 | $0.000012 | $0.28 | $0.28 | 1x | $0.28 | 0.21% | |
| Series A | 10,667,000 | $0.000012 | $0.28 | $0.28 | 1x | $0.28 | 5.26% |
Monese Comparisons
Industry
Financing
Details
Monese Competitors (74)
One of Monese’s 74 competitors is Chime, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Chime | Venture Capital-Backed | San Francisco, CA | ||||
| MoneyGram | Private Equity-Backed | Dallas, TX | ||||
| Suits Me | Corporation | Knutsford, United Kingdom | ||||
| Bnext | Venture Capital-Backed | Madrid, Spain | ||||
| Kontist | Private Equity-Backed | Berlin, Germany |
Monese Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Monese Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Monese Former Investors (42)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alesco Ventures | Venture Capital | Minority | ||
| Anthemis | Growth/Expansion | Minority | ||
| Anthemis Exponential Ventures | Accelerator/Incubator | Minority | ||
| Aperture (Consulting Services (B2B)) | Venture Capital | Minority | ||
| Astrec Invest | Venture Capital | Minority |
Monese Investments & Acquisitions (3)
Monese’s most recent deal was a Merger/Acquisition with Trezeo. The deal was made on 22-Dec-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Trezeo | 22-Dec-2021 | Merger/Acquisition | Financial Software | ||
| NuWealth | 10-Feb-2021 | Seed Round | Financial Software | ||
| Cledara | 30-Nov-2020 | Seed Round | Business/Productivity Software |
Monese Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| XYB | London, United Kingdom | 2023 |
Monese FAQs
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When was Monese founded?
Monese was founded in 2013.
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Where is Monese headquartered?
Monese is headquartered in London, United Kingdom.
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What is the size of Monese?
Monese has 163 total employees.
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What industry is Monese in?
Monese’s primary industry is Financial Software.
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Is Monese a private or public company?
Monese is a Private company.
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What is Monese’s current revenue?
The current revenue for Monese is .
-
How much funding has Monese raised over time?
Monese has raised $209M.
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Who are Monese’s investors?
Alesco Ventures, Anthemis, Anthemis Exponential Ventures, Aperture (Consulting Services (B2B)), and Astrec Invest are 5 of 42 investors who have invested in Monese.
-
Who are Monese’s competitors?
Chime, MoneyGram, Suits Me, Bnext, and Kontist are some of the 74 competitors of Monese.
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When was Monese acquired?
Monese was acquired on 09-Oct-2024.
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Who acquired Monese?
Monese was acquired by Pockit.
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