Monavate is a payment solutions provider, aiming to demystify finance, making it accessible to all; simplifying and improving how people pay the world over. Payment solutions designed for business success. Monavate delivers people-first payment solutions, combining expert guidance with fit-for-purpose technology to make even the most ambitious financial product ideas reality.
Monavate is regulated by the UK Financial Conduct Authority as an e-money institution and is a principal member of Mastercard and Visa. It’s the quick and convenient alternative to joining a card scheme directly. Working through a BIN sponsor means giving onerous forms, registration fees, and collateral requirements a hard pass. It’s quicker, cheaper, and a lot less hassle than full card scheme membership.
Total Funding: £5 M
Funding Stage: Seed
Business Stage: Scaling Up
Market: B2B
Company Size: 26 to 50
Founded: 2020
