When was Monato founded?

Monato was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Monato located?

Monato is headquartered in Mexico City, Mexico.

Who is the current CEO of Monato?

Inigo Rumayor Belausteguigoitia of Monato. They have also founded 1 company.

How many employees does Monato have?

As of May 31, 2026, the latest employee count at Monato is 69.

Is Monato a funded company?

Monato is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Aug 08, 2025.

When was the latest funding round of Monato?

Monato's latest funding was a $***** Seed round on Aug 08, 2025, with participation from 6 investors.

Where does Monato rank among its competitors?

Monato ranks 15th amongst 71 active competitors, of which 15 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Monato, which secured $13M in Aug, 2025.

Who are the top competitors of Monato?

Monato's top competitors include Stripe, PayU and Flutterwave. Among them, Monato secured the most recent funding round in August, 2025.

Monato - 2026 Company Profile, Team, Funding & Competitors

Monato is a seed company based in Mexico City (Mexico), founded in 2024 by Inigo Rumayor Belausteguigoitia. It operates as a Provider of financial infrastructure for payment processing and account reconciliation. Monato has raised $13M in funding from FinTech Collective and Monashees. The company has 71 active competitors, including 15 funded and 15 that have exited. Its top competitors include companies like Stripe, PayU and Flutterwave.

Company Details

Provider of financial infrastructure for payment processing and account reconciliation. This platform enables real-time fund transfers, automated billing, and digital payment services through an integrated interface. It facilitates the issuance of unique account identifiers, account validation procedures, and automated collection management. The system supports various transaction types, including utility payments, mobile top-ups, and cash-based operations. Additionally, it provides tools for credit management, liquidity monitoring, and automated fund distribution to support business operations.

Website: www.monato.com/
Email ID: *****@monato.com

Key Metrics

Founded Year

2024

Location

Mexico City, Mexico

Stage

Seed

Total Funding

$13M in 1 round

Latest Funding Round

Seed, Aug 08, 2025, $*****

Investors

FinTech Collective & 5 more

Ranked

15^th among 71 active competitors

Employee Count

69 as on May 31, 2026

Similar Companies

Stripe & 3308 more

View Monato's full profile

Monato has raised a total funding of $13M over 1 round. Its latest funding round was a Seed round on Aug 08, 2025 for $*****. 6 investors participated in its latest round. Monato has 6 institutional investors.

Here is the list of recent funding rounds of Monato:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 08, 2025	9772372	Seed	3435547	6690183	7618364	7931552

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View details of Monato's funding rounds and investors

The founders of Monato is Inigo Rumayor Belausteguigoitia. Inigo Rumayor Belausteguigoitia is the CEO of Monato.

Here are the details of Monato's key team members:

Inigo Rumayor Belausteguigoitia: Founder & CEO of Monato.
Contact Info: 1 email address

View details of Monato's Founder profiles and Board Members

Monato's employee count trend

Monato has 69 employees as of May 26. Here is Monato's employee count trend over the years:

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Top competitors of Monato include Stripe, PayU and Flutterwave. Here is the list of Top 10 competitors of Monato, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 125 others	86/100
2nd	PayU 2002, Amsterdam (Netherlands), Series C	Provider of online payment solutions and financial services for businesses	$35.1M	Naspers, PROSPER & 5 others	84/100
3rd	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Tiger Global Management & 71 others	83/100
4th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 15 others	80/100
5th	Rapyd 2016, London (United Kingdom), Series F	Provider of financial infrastructure for processing payments and issuing cards	$1.01B	Tal Capital, General Catalyst & 33 others	76/100
6th	First Data 1971, Atlanta (United States), Acquired	Payments processing service provider	-	Owl Capital Group, W Capital Partners & 4 others	63/100
7th	EVERTEC 1988, San Juan (Puerto Rico), Public	Provider of transaction processing, payment processing, and business solutions services	-	Apollo Global Management, Bank of America ... & 1 others	63/100
8th	Global Payments 1967, Atlanta (United States), Acquired	Cloud-based payment processing solutions for eCommerce and businesses	-	Silver Lake, Greenleaf Trust & 5 others	61/100
9th	Equiniti 2002, Lancing (United Kingdom), Acquired	Provider of financial technology and payment processing solutions	-	Strategic Equity Capital, Riverside	61/100
10th	Citcon 2015, Santa Clara (United States), Series C	Payment gateway solutions for accepting multiple payments	$49.8M	Norwest, Cota Capital & 16 others	59/100
15th	Monato 2024, Mexico City (Mexico), Seed	Provider of financial infrastructure for payment processing and account reconciliation	$13M	Monashees, Angel Ventures & 4 others	48/100