Monto

What Monto does

Monto is an Israeli fintech company, founded in 2021, that builds an AI-powered platform for B2B payments collection. The platform connects enterprise ERP systems to Accounts Payable portals, automating the reconciliation and payment collection workflow that finance teams otherwise handle manually across fragmented systems. Its stated primary use cases are reducing manual work in B2B payment processes, improving cash flow timing and visibility, and addressing the integration gap between ERP and AP infrastructure at large enterprises.

The company targets large enterprises and publicly traded companies as its primary customer segment, with disclosed design-partner logos including Shutterstock and TechTarget. Its core product is a single unified AI platform categorized as process automation over structured financial and transactional data. No patents, certifications, or named proprietary ML models are disclosed; the differentiation is described as integration interoperability and ease of implementation rather than novel AI research.

Monto operates on a subscription-based SaaS revenue model with pricing not publicly disclosed, and sells through direct enterprise field sales. It is headquartered in Tel Aviv with a US office in New York opened in July 2024 concurrent with its $9 million seed funding round led by Scale Venture Partners. The company has 11–50 employees and is led by co-founders Maya Cohen (CEO), Gabriel Wertheimer (CPO), Nitsan Yerushalmi (CCO), and Yoav Shotland (CTO).

Name

Monto

Legal name

Monto

Website

https://montopay.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Monto is an Israeli fintech that provides an AI-powered SaaS platform integrating enterprise ERP systems with Accounts Payable portals to automate B2B payment collection, serving large enterprises and publicly traded companies such as Shutterstock and TechTarget.

Ownership category

akta.pro rank

Product category

B2B Payments Automation Software

NAICS

Collection Agencies (56144), Activities Related to Credit Intermediation (5223)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro industry

PRIMARYBPAAAGAB

Accounts Receivable (Invoicing, Cash Application, Deductions)

Business & Public Services/Administrative & Support Services (BPO, Call Centers, Back Office)/Finance & Accounting Outsourcing (AP/AR, GL, Billing)

SECONDARYFSAGAHAI

Collections, Recovery & Debt Management Platforms

Financial & Insurance/Financial Technology (Fintech)/LendTech (Digital Lending Platforms & Credit Decisioning)

Keywords

• B2B payments
• Accounts payable automation
• ERP integration
• Cash flow management
• AI payment platform

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. B2B Payments Platform: SaaS platform enabling B2B payment collection through ERP and AP portal integration for enterprise customers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Monto provides an AI-powered SaaS platform that connects enterprise ERP systems to customer Accounts Payable (AP) portals to automate B2B payment collection. The platform reduces manual reconciliation work between fragmented financial systems and improves cash flow timing for large enterprises and publicly traded companies.

Product overview

Monto offers a single unified AI platform designed for B2B payments collection. The platform connects enterprise ERP systems to AP (Accounts Payable) portals, automating payment workflows and reducing manual processing. The product targets large enterprises including publicly traded companies, helping them improve cash flow through AI-driven automation of accounts payable processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Monto AI Platform for B2B Payments An AI-powered SaaS platform that streamlines B2B payments collection by integrating enterprise ERP systems with customer Accounts Payable portals, reducing manual reconciliation and improving cash flow for large enterprises and publicly traded companies.

Quantifiable outcome

• Reduces manual work associated with B2B payments

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature2 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Others

• Plaid: Plaid provides financial data connectivity and API infrastructure between financial systems and applications; while not a direct competitor, it represents the broader integration-layer category relevant to Monto's ERP-to-AP portal connectivity thesis.

Direct peers

• Versapay: Versapay is an AR automation platform that connects buyers and sellers to streamline B2B invoice presentment, collections, and cash application - the same core workflow Monto targets via ERP-to-AP portal integration.
• HighRadius: HighRadius offers an AI-powered Order-to-Cash and Treasury platform for enterprises, directly competing with Monto in automating accounts receivable, collections, and cash flow management for large buyers and sellers.
• Tipalti: Tipalti automates the full accounts payable and supplier payment lifecycle, including invoice collection and reconciliation, overlapping with Monto's ERP-to-AP integration use case for cross-company payment workflows.
• Tesorio: Tesorio provides AI-driven cash flow forecasting, collections, and AR workflows, directly comparable to Monto's mission of automating enterprise B2B payment collection using AI.

Broad incumbents

• Bill.com: Bill.com is a broad B2B payments and spend management platform serving SMB and mid-market; it overlaps with Monto's enterprise AP collection use case as part of a wider payments and receivables portfolio.
• Ramp: Ramp is a broad B2B spend management and corporate card platform that increasingly touches accounts payable automation, making it an incumbent competitor for enterprise finance budgets that Monto targets.

Emerging players

• Balance: Balance is a B2B payments platform offering automated accounts receivable and checkout experiences for businesses, partially overlapping with Monto's payment collection automation focus.
• Resolve: Resolve (formerly Fieldguide) provides B2B payments and net terms financing automation for supplier-buyer relationships, intersecting with Monto's collection automation between ERP and AP systems.
• Modern Treasury: Modern Treasury offers payment operations software for moving money between businesses, adjacent to Monto's B2B payment workflow automation with stronger emphasis on bank API connectivity than ERP integration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monto