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.
Investor check. Better Tomorrow Ventures, 500 Global and Emphasis Ventures (EMVC) also joined in!
🤨 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)!
🤷🏻♀️ 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.
🚀 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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