It's Monnai! This US-headquartered startup just raised a $6.5M Series A led by Tiger Global. They help financial organizations and fintechs globally get accurate and relevant insights into their potential customers. 

• This opens up financial services to those who'd otherwise be left out of the system because we lack traditional data on them. 
• They have 500+ unique insights aggregated and standardized from their ecosystem identity, digital, communication, device and payments data partners

Investor check. Better Tomorrow Ventures, 500 Global and Emphasis Ventures (EMVC) also joined in!

• Founded in August 2021, they raised their seed round six months ago and have raised a total of $10M.

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🤨 Why it matters

Finance orgs and fintechs need data — to verify if someone is real, make credit decisions or even just to approve a new user. To make these decisions accurately and better, you need reliable insights (and lots of them)! 

• The problem? Most of this data is spread out across multiple sources (even through diverse new alternative sources), unstandardized and hard to access.

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🤷🏻‍♀️ How it works

Monnai brings together multiple data sources and insights from across the globe — to be the one source of truth for data and insights, all in one API.

This way, their customers focus on growing quickly yet securely! They can make quicker and better decisions across KYC (aka, approval and onboarding), credit underwriting, trust and fraud risk and collections. 

• This allows their customers to go to market quickly, approve the right users fast and save on costs from fraud and risk.
• They have customers in seven key markets across SEA, India, LatAm and the US.

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🚀 What's next?

They'll be leveling up their business capabilities in key markets and keep developing their proprietary analytics and data ingestion capabilities!

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