“Can an embedded AR/AP-and-payments API become the financial back-office layer for every B2B SaaS, neobank, and vertical platform?”
Founded 2020 in Berlin as an embedded AR/AP infrastructure API for B2B platforms, neobanks, and vertical SaaS — letting them launch invoicing and bill pay in weeks rather than building it. Expanded the surface area to include payments orchestration, embedded invoice financing (via Kanmon, US-only), and AI expense management on top of partner-issued cards. Acquired by UK digital business bank OakNorth in March 2026 — pivot from independent platform to in-house product/engineering team behind OakNorth's business banking stack.
Monite processes payments through Monite Payments (self-operated orchestration).
Monite's lending and capital products are provided by Kanmon.
Monite integrates with QuickBooks Online and Xero.
The Embedded Finance Index 2026 maps 3 layers in Monite's stack: Payments / PSP (Monite Payments (self-operated orchestration)); Lending (Kanmon, Embedded invoice financing (US, via Kanmon) and Bill Pay BNPL); Accounting (QuickBooks Online and Xero).
Monite was founded by Ivan Maryasin and Andrey Korchak and is founded in 2020, headquartered in Berlin, Germany (also London, UK).
Monite has raised unknown in total (latest round: Seed, 2023; valuation: unknown).
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