Monto

Monto

Makes the process of billing faster, simple, and automatic.

HQ location
New York City, United States
Founding location
Tel Aviv-Yafo, Israel
Launch date
Employees
Enterprise value
$36—54m
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Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-184 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Monto
Made with AI
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Monto is a financial technology startup that is transforming the B2B payments landscape. The company provides a platform that simplifies the process of managing collections for B2B suppliers and fintech companies in the digital era. Monto operates in the global B2B payments market, serving clients who are looking to streamline their accounts payable (AP) processes.

Monto's business model revolves around its AI connector, which is designed to facilitate on-time payments and provide real-time data on all transactions from any AP platform. This connector links a client's Enterprise Resource Planning (ERP) system to their customers' payment platforms, automating the collection of payments. This means that Monto's clients can collect payments and data from any platform without having to manually intervene.

The company's platform offers three key capabilities for revenue teams. First, it allows for one-click connections, enabling new customers to be onboarded automatically. Second, it provides real-time, categorized data on any payment, invoice, or order from over 300 AP platforms. Lastly, it uses AI to check for funds, deliver invoices, resolve issues, and confirm payments.

Monto's platform is designed to be simple and intuitive, making it easy for enterprise customers to get paid. The company's solution transforms finance professionals from being overwhelmed with manual tasks to becoming data-driven decision-makers. Monto's clients have reported significant improvements in their workload management and overall business operations since using the platform.

Keywords: B2B Payments, Fintech, AI Connector, Accounts Payable, Enterprise Resource Planning, Automated Collections, Real-Time Data, One-Click Connections, User-Friendly Platform, Data-Driven Decision Making.

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