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Monify Loans logo — Monify is an innovative fintech start-up from Latvia that pr...

Monify Loans

Monify is an innovative fintech start-up from Latvia that provides the fastest unsecured on-line loans to SME.

Founded 2017 Latvia Latvia 1 employees Debt Financing Total: $5.00M Financial Services, Fintech +1

General Information

Company Name Monify Loans
Founded Year 2017
Location Latvia Latvia +1
Employees 1
Industries Financial Services, Fintech, Lending and Investments
Funding Stage Debt Financing
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About Monify Loans

Monify is an innovative fintech start-up from Latvia that provides the fastest unsecured on-line loans to SME (small to medium enterprises) in Baltics & Poland. Offering up to 100'000 EUR in just 60 minutes, their standard product is an installment-loan for 1-24 months with a 3.5-7.0% monthly i-rate. Founded in 2017, Monify has achieved significant milestones in a year's time, receiving 4000+ applications, lending 7+ million EUR loans, and expanding to four markets. With a 21 employee strong team, their vision is Money Makes Money, and their mission is to become a global one-click SME finance provider, aiming for 1'000'000 unique SMEs. Their last investment amounted to €2.00M in Debt Financing on 01 November 2018.

Taxonomy: Startup, SME lending, Online loans, Unsecured loans, Baltics, Poland, Financial innovation, Fast approval, Automated process, Small business financing, Global expansion, Digital lending platform, Credit decision automation, Data-driven lending

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• - 01 Nov 2018
Debt Financing •••••• - 01 Oct 2017
Series A •••••• - 27 Jul 2017

Monify Loans Alternatives & Competitors

Monify Loans vs
PrestLoans
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Santiago SME Finance
Santiago SME Finance Ireland

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MoneyPlace
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FAQ About Monify Loans

Monify is an innovative fintech start-up from Latvia that provides the fastest unsecured on-line loans to SME.
Monify Loans was founded in 2017.
Monify Loans is headquartered in Latvia.
Monify Loans operates in the following industries: Financial Services, Fintech, Lending and Investments.
Monify Loans has approximately 1 employees.
Monify Loans has completed 3 funding rounds, raising a total of $5.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Monify Loans include PrestLoans, Santiago SME Finance, MoneyPlace, CSL Finance Limited, Estateguru.co. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Monify Loans and PrestLoans are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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