Monite
ProviderEmbedded-finance supplier tracked in the Embedded Finance Index — no company has publicly disclosed it yet. Filed under Infrastructure / Embedded Finance.
Buyersnone disclosed yet
HeadquartersBerlin, Germany (also London, UK)
Founded2020
FoundersIvan Maryasin, Andrey Korchak
Raisedunknown
Founders & story · 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.
Recent developments
- 2026-03OakNorth acquires Monite for undisclosed sum; Monite's product and engineering teams join OakNorth. source ↗
- 2023-03-01Launched payment links for B2B platforms growth source ↗
- 2024-02-01Secured a $6M funding round led by Valar Ventures and Third Prime for US expansion. source ↗
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.
Who uses Monite
No disclosed buyers yet — no dossier in the Index names Monite in its stack so far
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What Monite runs on · from its own dossier
The third-party providers Monite itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Monite.
Monite — frequently asked
Who founded Monite?
Monite was founded by Ivan Maryasin and Andrey Korchak and is founded in 2020, headquartered in Berlin, Germany (also London, UK).
How much funding has Monite raised?
Monite has raised unknown in total.
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