Monite
Monite provides AI-powered embedded finance APIs for AR, AP, and expense management, enabling B2B platforms (fintech SaaS, vertical SaaS, neobanks, payment providers) to white-label financial operations for their SMB clients via modular APIs with go-live in two weeks.
- Company typePrivate
- Founded2020
- HeadquartersBerlin, Germany
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Monite does
Monite is a Berlin-based fintech founded in 2020 that provides embedded finance APIs enabling B2B platforms to offer AI-powered accounts receivable (invoicing), accounts payable (bill pay), and expense management functionality under their own brand. The platform is delivered via a modular REST API, a React SDK, and pre-built iFrame components, with documented go-live timelines of approximately two weeks using two developers. Core product modules include AI Invoicing with e-invoicing and payment-link support, AI Bill Pay with OCR-based line-level data extraction and configurable approval workflows, and an Expense Management module featuring AI receipt matching, categorization, and spend analytics. The platform supports compliance with regional e-invoicing mandates including PEPPOL and integrates natively with Xero, QuickBooks, and Plaid for US bank verification.
Monite targets four primary B2B platform segments: fintech SaaS companies, vertical SaaS platforms, banks and neobanks, and payment providers, all seeking to add AR/AP automation and embedded B2B payments to their SMB-focused products without building infrastructure in-house. The revenue model combines subscription and usage-based fees for API access with transaction commissions of 0.1-2% on embedded financial services such as BNPL, invoice factoring, business loans, and insurance, and per-user commissions of $10-$200 monthly. Named enterprise customers include Mollie, Payoneer, and Firstbase, with additional SMB-tier users in construction, solar energy, and fund management verticals.
In March 2026, OakNorth, a UK-based digital bank serving the lower mid-market, acquired Monite's core technologies and onboarded its product and engineering teams, with co-founder and CEO Ivan Maryasin transitioning to OakNorth as General Manager for Business Banking Growth. Prior to the acquisition, Monite had raised approximately $26M total across seed rounds from investors including Point72 Ventures, Valar Ventures, Third Prime, s16vc, Audeo Ventures, and Long Run Capital.
Monite firmographics
Firmographics- Name
- Monite
- Legal name
- Monite GmbH
- Website
- https://monite.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Monite provides AI-powered embedded finance APIs for AR, AP, and expense management, enabling B2B platforms (fintech SaaS, vertical SaaS, neobanks, payment providers) to white-label financial operations for their SMB clients via modular APIs with go-live in two weeks.
- Ownership category
- akta.pro rank
Monite industry classification
Industry- Product category
- Embedded Finance / Fintech Infrastructure API
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)
- akta.pro secondary industries
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Alternative Payment Methods (APMs) Enablement (BNPL, wallets, local methods) (FSAMACAE)
Keywords
Where Monite is headquartered
LocationHeadquarters
- HQ city
- Berlin
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Monite business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Platform/API Subscription and Usage Fees: Monite charges B2B platforms for access to its embedded finance APIs and SDKs. Platforms integrate the technology to offer AR/AP/expense management to their SMB clients. The modular API approach allows flexible integration and usage-based scaling.
- Transaction Commissions: Monite earns commissions on financial services embedded in the platform including BNPL (Buy Now, Pay Later), invoice factoring, business loans, insurance, and payment transactions. According to the website, they earn $10-$200 per user each month and 0.1-2% on every transaction.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Enterprise platform pricing (quote-based) |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels7 records
Monite product offering
Product offeringCore offering
Monite provides an AI-native embedded finance API platform that enables B2B platforms — fintech SaaS, vertical SaaS, neobanks, and payment providers — to integrate accounts receivable (AI Invoicing), accounts payable (AI Bill Pay), and expense management under their own brand via REST APIs, React SDK, and iFrame. The platform supports e-invoicing compliance, AI-based OCR, approval workflows, payment links, and accounting integrations with Xero and QuickBooks, allowing partners to go live in approximately two weeks with two developers.
Product overview
Monite offers an all-in-one embedded finance platform providing APIs, SDKs, and iFrame solutions for B2B platforms, neobanks, fintechs, and SaaS companies to integrate accounts payable automation, accounts receivable (invoicing), and expense management. The core product portfolio consists of AI Invoicing (AR), AI Bill Pay (AP), and Expense Management, supported by AI-OCR & Data Extraction, Bill Pay Rails, Payment Links, E-Invoicing, and Accounting Integrations with Xero and QuickBooks. The platform is delivered via REST API, React SDK, and iFrame integration options, enabling platforms to go live in days. Monite's solutions serve SMBs by providing automated invoicing, payables workflows, expense management, and B2B payment capabilities embedded within partner platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- AI Invoicing (AR) Automated, AI-powered accounts receivable solution providing professional invoicing, e-invoicing API, payment links, AI payment reminders, accounting sync, and reconciliation for B2B platforms to embed under their own brand and offer to SMB clients.
- AI Bill Pay (AP) Automated, AI-powered accounts payable solution providing bills collection via custom mailboxes, AI-based OCR with line-level item data extraction, configurable approval workflows, e-invoicing, bulk and single payments, and accounting sync.
- Expense Management AI-powered expense management solution enabling receipt capture via dedicated email mailboxes, AI receipt matching, AI receipt data extraction, AI-driven categorization and tagging, and actionable spend insights for corporate card programs and SMB expense workflows.
- AI-OCR & Data Extraction Smart OCR technology specifically trained on finance documents for extracting invoice data, line items, and receipt information with AI-powered accuracy and duplicate/anomaly detection.
- Bill Pay Rails Payment processing infrastructure enabling single and bulk payments, supporting multiple payment methods including SEPA Credit, with AI reconciliation capabilities for B2B platforms.
- Payment Links Invoice payment link functionality enabling SMBs to send branded invoices and quotes with one-click payment options via payment links for B2B transactions.
- E-Invoicing Compliant e-invoicing solution supporting local and cross-border regulatory formats including PEPPOL identifiers and country-specific e-invoicing mandates.
- Accounting Integration Integration service for syncing invoices, payments, and tax data with external accounting systems including Xero and QuickBooks, supporting counterparts, products, invoices, payment records, and credit notes.
Quantifiable outcome
- Mollie integrated Monite's API in 6 weeks and expanded into full revenue management with invoicing.
- +5 more outcomes
Companies that use Monite
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles4 records
Monite technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature10 records
Monite partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core (acquisition), minor and core.
- OakNorthcore (acquisition)OakNorth, a UK-based digital bank targeting lower mid-market businesses, completed a strategic transaction to acquire Monite's core technologies and onboard its product and engineering teams. The acquisition enables OakNorth to integrate accounts receivable, accounts payable, and expense management functionality into its business banking platform, with first capabilities launching in Q2 2026 as part of OakNorth's Finance Automation initiative. Monite co-founder and CEO Ivan Maryasin joined OakNorth as General Manager, Growth for Business Banking to oversee technology transfer and future product development.
- ACE AlternativesminorACE Alternatives partnered with Monite to streamline AP/AR for fund managers, enabling alternative investment fund managers to access embedded accounts payable and receivable automation through ACE's platform.
- MolliecoreMollie, a European payment service provider, integrated Monite's API to expand into full revenue management by adding invoicing functionality. Integration was completed in 6 weeks, enabling Mollie to offer AI-powered invoicing to their SMB clients.
- PayoneercorePayoneer integrated Monite's AR API in six weeks, allowing SMBs to send branded invoices and quotes and receive payments via payment links through Payoneer's platform.
- FirstbasecoreFirstbase used Monite's embedded invoicing to complete their Startup OS, enabling startup customers to access AI invoicing capabilities as part of Firstbase's business formation platform.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Monite competitors and assessment
Company assessmentDirect peers
- Modern Treasury: Modern Treasury provides APIs for B2B payments orchestration, including accounts payable/receivable workflows and bank integrations. Like Monite, it enables platforms to embed money-movement and reconciliation infrastructure via API rather than building in-house.
- Routable: Routable offers B2B payments automation (AP) APIs for platforms and marketplaces, including bill collection, approval workflows, and payouts. Directly comparable to Monite's AP/payments module on a platform-embedding basis.
- Codat: Codat provides APIs that connect fintechs and SaaS platforms to their SMB customers' accounting and financial data (Xero, QuickBooks, etc.). Codat covers the data side of the same embedded-finance wedge Monite targets, including accounting integrations.
- Treasury Prime: Treasury Prime is an embedded banking-as-a-service platform that lets fintechs launch accounts, payments, and treasury products via API. It competes with Monite in the platform-embedding space, particularly for neobank and fintech use cases.
Broad incumbents
- Plaid: Plaid is the dominant financial-data connectivity layer for US fintech and is already integrated by Monite for bank verification. Plaid's expanding product set (Plaid Transfer, income/identity) increasingly overlaps with Monite's embedded finance scope.
- Adyen: Adyen is a global payments platform offering embedded platform/for-platforms capabilities and reconciliation tools. Its CTO pedigree at Monite makes it a direct talent competitor, and its For Platforms product overlaps with Monite's payment rails.
- Bill.com (BILL): BILL is a publicly traded incumbent in SMB AP/AR automation, spend management, and payments. It offers a direct-to-SMB product rather than pure embedded APIs, but addresses the same B2B finance automation workflows Monite powers for partners.
- Mercury: Mercury is a digital business bank for startups and SMBs that bundles payments, accounts, and increasingly spend/expense tooling. It represents the 'own the SMB relationship' alternative to Monite's 'embed in someone else's product' model.
- Stripe (Invoicing & Connect): Stripe bundles invoicing, subscription billing, Connect (marketplace/platform payments), and Capital (embedded lending) into its payments platform. Its scale and partner reach make it the most formidable broad incumbent competing for the same embedded-finance wallet share.
Emerging players
- Unit: Unit is an embedded banking platform providing APIs for business banking, lending, and spend management. It serves a similar platform-customer base but with a deeper focus on chartered bank accounts and spend cards.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Monite social profiles
Digital presenceMonite compliance and trust
Trust signalCompliance3 records
Monite financial estimates
Financial estimateRevenue estimate
Valuation estimate
Monite leadership team
Management profileNumber of profiles
Profiles1 record
Monite funding detail
Funding detailFunding overview
Funding rounds4 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Monite M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Monite
What does Monite do?
Monite provides an AI-native embedded finance API platform that enables B2B platforms — fintech SaaS, vertical SaaS, neobanks, and payment providers — to integrate accounts receivable (AI Invoicing), accounts payable (AI Bill Pay), and expense management under their own brand via REST APIs, React SDK, and iFrame. The platform supports e-invoicing compliance, AI-based OCR, approval workflows, payment links, and accounting integrations with Xero and QuickBooks, allowing partners to go live in approximately two weeks with two developers.
Is Monite a public or private company?
Monite is a private company. It is classified as corporate owned and is currently acquired.
When was Monite founded?
Monite was founded in 2020. It employs 11 to 50 people.
Where is Monite based?
Monite is headquartered in Berlin, Germany, in the Europe region.
How does Monite make money?
Two revenue lines are on record. Platform/API Subscription and Usage Fees are the primary driver. The others are transaction Commissions.
Who are Monite's main competitors?
Direct peers on record are Modern Treasury, Routable, Codat and Treasury Prime. Broad incumbents are Plaid, Adyen, Bill.com (BILL), Mercury and Stripe (Invoicing & Connect). Unit is listed as an emerging player.
Does Monite have an API?
Yes. Monite provides a comprehensive REST API for embedded finance, enabling B2B platforms to integrate accounts payable (AP), accounts receivable (AR), expense management, payments, e-invoicing, and accounting integrations. The API supports accounts payable automation, invoicing, expense management, payment links, generic OCR for invoice data extraction, and compliance with e-invoicing standards including PEPPOL. Features include: webhook subscriptions for event-driven architecture, entity management, counterpart management, project tracking, approval workflows, credit notes, purchase orders, delivery notes, recurring invoices, payment reminders, overdue reminders, and tax rate management. The API is versioned (current version v2024-05-25), supports sandbox and production environments across Europe and North America, and offers role-based access control with partner-level and entity-level tokens. Developer documentation is at docs.monite.com/home.
What industry is Monite in?
Monite's product category is Embedded Finance / Fintech Infrastructure API. Its primary akta.pro industry code is FSAGAJAC, Invoicing, Billing & Accounts Receivable Automation, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 522320 and its SIC code is 6199.