Monedo

Germany
Hespe, Lower Saxony, Germany, 20459

Company profile

Monedo company profile

Monedo's Group’s mission is to improve financial freedom for the underbanked with the use of technology. Combining non-traditional data sources and machine learning, the company is aiming to provide access to better credit and a higher convenience for digital banking services. The product offerings include consumer loans, a digital wallet and a personal finance manager designed to help customers manage their credit score and plan their spending. Monedo also offers a “Lending as a Service” model, allowing partners to integrate Monedo's credit products via an API into their own platform and services. Monedo files for bankruptcy.

Business identity

Contact email
[email protected]
Phone number
+49 40 605 905 60
Operating status
Closed
Company type
For Profit
Employee range
251-500 employees
Revenue range
$10M-$100M
Founded
2012-02-01

Headquarters

Postal code
20459
Country code
DE
Continent
Europe

Capital profile

Funding and company signals

Funding rounds
16
Total equity funding
$304.2M
Last funding
Series Unknown / $21.9M / 2019-09-25
Last equity funding
Series Unknown / $21.9M
Investors
29
Lead investors
10
Founders
2
Articles
134
Closed on
2020-09-16

Founders and investors

Founders

Alexander MüllerSebastian Diemer

Lead investors

Blumberg CapitalGlobal Founders CapitalHPE GrowthInternational Finance CorporationJ.C. Flowers & Co.Kreos CapitalPayU GPORakutenRuna CapitalVarde Partners

Investors

Amadeus Capital PartnersFounders FundInternational Finance CorporationJ.C. Flowers & Co.Varde Partners