Monavate
Monavate: Your guide through the payments maze and your launchpad for next-level financial innovation.
55 employees · est. 2020 · Cambridge, United Kingdom
UQPAY is the older company (2020 vs 2015); Monavate is the larger of the two.
Side-by-Side Comparison
| Metric | Monavate | UQPAY |
|---|---|---|
| Founded | ||
| Founded | 2020 | 2015 older |
| Headquarters | ||
| Headquarters | Cambridge, United Kingdom | Singapore, Singapore |
| Employees | ||
| Employees | 55 larger | 44 |
| Industry | ||
| Industry | Not tracked yet | Financial Services, Payments |
| Funding Stage | ||
| Funding Stage | Seed | Not tracked yet |
| Total Funding | ||
| Total Funding | $5.00M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 1 | Not tracked yet |
| Services | ||
| Services | Payments Processing, API Integration, Card Issuing and Management, Blockchain Payment Solutions, Fraud Detection and Prevention, KYC/AML Compliance, Multi-currency and Global Transactions | Not tracked yet |
| Target Customers | ||
| Target Customers | Fintech Companies, Web3 and Blockchain Companies, Travel Companies, Insurance Providers, Media Buyers, Fleet Management Companies, Enterprises seeking customized payment solutions | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Card Scheme Sponsorship, Payment Technology, Visa Principal Member, Mastercard Principal Member, Discover Principal Member, Fintech Innovation, Financial Product Development, Transaction Processing, Compliance Platform, Payment Providers, Card Issuance, Financial Technology Scaling, Payment Disruption, Tech-Enabled Compliance, International Payments | Digital Payment Solutions, Cloud-based Payment Platform, Global Payment Integration, Multi-channel Payments, Fraud Detection Technology, Cross-border Payments, Financial Technology (Fintech), Secure Payment Solutions, Virtual Banking, Prepaid Card Issuance, Market FX Solutions, Global Collection & Payout, SWIFT Member, Card Scheme Connectivity, Borderless Transactions |
| Website | ||
| Website | monavate.com | uqpay.com |
About Monavate
Monavate is a UK-based fintech startup breaking ground in the payments industry since its inception in 2020. Gaining prominence as a principal member of Visa, Mastercard, and Discover, the company offers streamlined card scheme sponsorship and best-in-class technology, enabling ambitious fintech com...
About UQPAY
UQPAY is a digital payment solution provider that aims to help businesses "Grow Your Business Borderlessly." Founded in 2017 and headquartered in Singapore, with subsidiaries across Mainland China, Hong Kong, Malaysia, and Indonesia, UQPay is a SWIFT member and connected to major card schemes includ...
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Funding, hiring, leadership and stack changes at Monavate and UQPAY — by email.
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Compiled from the BounceWatch company index. We last looked at Monavate on 12 Dec 2025, and UQPAY on 10 Mar 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.