“Can a virtual IBAN aggregator become the go-to embedded banking and cross-border payments infrastructure for businesses needing multi-bank, multi-currency access under a single API?”
Monneo positions itself as a complete end-to-end payment ecosystem provider, offering virtual IBAN accounts aggregated across a network of leading European and international banks under a single interface. The company's core value proposition is multi-bank IBAN management with support for 134 currencies, SEPA, SWIFT, UK Faster Payments, and CHAPS. In 2022 it extended into Banking as a Service with a new API layer, allowing partners to programmatically access its payment and banking network.