← Embedded Finance Index 2026/Vendor

Monite

Provider

Embedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Infrastructure / Embedded Finance.

monite.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
Buyersnone disclosed yet
HeadquartersBerlin, Germany (also London, UK)
Founded2020
FoundersIvan Maryasin, Andrey Korchak
Raisedunknown
Supplier profile · from Monite’s own dossier

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.

Founders: Ivan Maryasin, Andrey Korchak
Latest round: Seed, 2023
Recent developments
  • 2026-03OakNorth acquires Monite for undisclosed sum; Monite's product and engineering teams join OakNorth. source ↗
Full dossier: Monite’s own stack, layer by layer →
In the press
embeddedfinancereview.com ↗
Coverage of Monite sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2026-03-16
OakNorth Acquires Monite. Here's What It Says About the State of Embedded Finance.
OakNorth acquires Monite to build invoice management and expense tools into its business banking product. A different kind of embedded finance exit.
Source · Embedded Finance Review ↗
Who uses Monite
No disclosed buyers yet — no dossier in the Index names Monite in its stack so far
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Monite? This profile opens for claiming as soon as the first company discloses Monite in its stack — or send us a public customer page and we will add the disclosure.