MonoPayments
MonoPayments is a private fintech infrastructure provider selling white-label digital wallet, payment gateway, KYC/KYB, and neobanking platforms to regulated EMIs, PSPs, and neobanks across the UK, EU, and Turkey.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What MonoPayments does
MonoPayments is a private fintech infrastructure provider that sells white-label, modular platforms to regulated electronic money institutions (EMIs), payment service providers (PSPs), neobanks, and fintech startups. According to the company website, the platform was established in 2016 and operates from Istanbul with a London presence, serving clients across the UK, EU, and Turkey.
The product stack combines a multi-model Digital Wallet (supporting Private, Open, Half-Open, and Shared wallet models with multi-currency capability and P2P/A2A/W2W transfers), a Payment Gateway/Processor for e-commerce card transactions, a Payment Facilitator / Virtual POS product, Money Transfer (domestic and international), a Billing / Direct Billing System, and an Open Banking connectivity layer. These core products are complemented by add-on modules including the proprietary Mono Rule Engine, a Fraud/AML Engine, Digital Onboarding (KYC/KYB), mPOS, CRM, Asset Management, Identity Management, a Merchant Portal, Alternative Payment Methods routing via Smart Switch, and the MonoLink SME payment solution. The company reports platform-level throughput of 4 billion+ transactions, 130+ banks, 200+ vPOS installations, 9,000+ merchant points, and 30+ customers.
MonoPayments monetizes through white-label platform licensing and modular component subscriptions sold via a direct enterprise sales motion. Pricing is quote-based and not publicly disclosed, and deployment timelines are stated at approximately two weeks for clients with sufficient infrastructure. The only disclosed funding event is a 2022 engagement with Hackquarters; the company remains private with no disclosed revenue, no named customer logos, no public ownership structure, and no M&A or partnership announcements in the source data.
MonoPayments firmographics
Firmographics- Name
- MonoPayments
- Legal name
- Mono Payments
- Website
- https://monopayments.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MonoPayments is a private fintech infrastructure provider selling white-label digital wallet, payment gateway, KYC/KYB, and neobanking platforms to regulated EMIs, PSPs, and neobanks across the UK, EU, and Turkey.
- Ownership category
- akta.pro rank
MonoPayments industry classification
Industry- Product category
- Payment Infrastructure Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- akta.pro primary industry
- Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure (FSAGABAE)
- akta.pro secondary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
Keywords
Where MonoPayments is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
MonoPayments business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- White-Label Platform Licensing: MonoPayments provides white-label digital fintech platform solutions to regulated fintech companies. The company deploys their complete solution (including digital wallets, payment gateways, KYC/KYB, neobanking features) to clients who operate under their own branding. Revenue is generated through licensing and deployment fees for the white-label platform.
- Modular Solution Components: The company offers modular components (Rule Engine, Fraud/AML Engine, Merchant Portal, CRM, Asset Management, Identity Management, Alternative Payment Methods, mPOS) that can be adopted by clients. Revenue is generated from these modular add-on solutions.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
MonoPayments product offering
Product offeringCore offering
MonoPayments provides a white-label digital fintech platform that combines digital wallets, payment gateway/processor, virtual POS, money transfer, direct billing, and open banking connectivity for electronic money institutions, payment service providers, neobanks, and fintech startups. The platform is modular and scalable, complemented by proprietary components such as the Mono Rule Engine, Smart Switch, Fraud/AML Engine, and KYC/KYB onboarding, and is deployed under the client's own brand across UK, EU, and Turkey.
Product overview
MonoPayments is a whitelabel digital fintech platform providing modular and scalable IT solutions for electronic money and payment institutions, holdings, startups, and neobanks. The platform operates as an all-in-one solution serving the banking & financial, governmental, and retail sectors. The core product portfolio includes Digital Wallet (supporting Private, Open, Half-Open and Shared Wallet models with multi-currency support), Payment Gateway/Processor (end-to-end e-commerce card payment processing), Payment Facilitator/Virtual Pos (digital payment solutions for banks and retailers), Money Transfer (domestic and international), Billing/Direct Billing System, and Open Banking (open finance connectivity). These core products are complemented by add-on modules including Rule Engine (automated decision engine), Fraud/AML Engine (fraud detection and anti-money laundering), Digital Onboarding (KYC/KYB), mPOS, CRM, Asset Management, Identity Management, Merchant Portal, Alternative Payment Methods, and MonoLink (new payment method solution). The ecosystem processes over 4 billion transactions across 130 banks, 200+ vPOS terminals, 9,000+ points, serving 30+ customers across UK, EU, and Turkey.
Differentiator
Problem solved
Functional benefit
Brands
- MonoLink: New payment solution for SME customers mentioned in the FAQ section as an available payment method.
Products and services
- Digital Wallet Platform
- Payment Facilitator (Virtual POS)
- Payment Gateway / Processor
- Money Transfer (Domestic and International)
- Billing / Direct Billing System
- Open Banking / Open Finance Solution
Quantifiable outcome
- Full platform deployment completed in 2 weeks for clients with sufficient infrastructure resources
- +1 more outcomes
Companies that use MonoPayments
Customer profileSegments6 records
Ideal customer profiles5 records
MonoPayments technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
MonoPayments partnerships and signals
Strategic signalScale indicators6 records
Recent moves4 records
Expansion highlights4 records
MonoPayments competitors and assessment
Company assessmentDirect peers
- Marqeta: Marqeta provides modern card issuing and payment processing infrastructure via an API-first platform, serving fintechs, neobanks, and PSPs. Closely comparable to MonoPayments as a white-label processor/enabler for regulated digital payment programmes.
- Banking Circle: Banking Circle provides payments and banking infrastructure to banks, PSPs, and fintechs, including multi-currency accounts and payment processing. Directly comparable to MonoPayments' bank- and PSP-focused white-label infrastructure positioning.
- Currencycloud (Visa): Currencycloud provides cross-border payments and multi-currency wallet infrastructure for banks and fintechs. Directly comparable to MonoPayments' multi-currency wallet and cross-border money transfer products.
- Wallet Factory: Wallet Factory provides white-label digital wallet and payment platform solutions for banks, EMIs, and fintechs. Direct peer to MonoPayments in white-label wallet, payment, and KYC platform offerings.
- Treezor (Société Générale): Treezor is a Banking-as-a-Service provider under Société Générale offering regulated payment and banking infrastructure to fintechs in Europe. Comparable to MonoPayments as a European white-label payment/EMI infrastructure platform.
- Checkout.com: Checkout.com is a global payment processor with strong white-label and acquiring capabilities for PSPs, banks, and large merchants. Overlaps with MonoPayments on payment gateway, vPOS, and merchant acquiring infrastructure for financial institutions.
Broad incumbents
- Adyen: Adyen is a global payments platform offering acquiring, processing, and unified commerce for large enterprises. Comparable to MonoPayments at the gateway/processor level but serves a much broader merchant base rather than specialising as a white-label enabler for EMIs.
- Stripe: Stripe offers payments infrastructure (Stripe Connect, Issuing, Terminals) that competes in adjacent white-label and embedded finance territory. Comparable as a developer-first payments stack but with vastly broader scale, capital, and product surface.
Emerging players
- Unit: Unit is a banking-as-a-service platform enabling fintechs to embed financial accounts, cards, and payments. Comparable to MonoPayments' embedded wallet and payment capabilities for fintech startups and neobanks.
- Thunes: Thunes operates a global cross-border payments network enabling money transfer to emerging markets. Comparable to MonoPayments' domestic and international money transfer capabilities, though with broader geographic reach.
Market position
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
MonoPayments social profiles
Digital presenceMonoPayments compliance and trust
Trust signalCompliance3 records
MonoPayments financial estimates
Financial estimateRevenue estimate
Valuation estimate
MonoPayments leadership team
Management profileNumber of profiles
Profiles1 record
MonoPayments funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MonoPayments 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 MonoPayments
What does MonoPayments do?
MonoPayments provides a white-label digital fintech platform that combines digital wallets, payment gateway/processor, virtual POS, money transfer, direct billing, and open banking connectivity for electronic money institutions, payment service providers, neobanks, and fintech startups. The platform is modular and scalable, complemented by proprietary components such as the Mono Rule Engine, Smart Switch, Fraud/AML Engine, and KYC/KYB onboarding, and is deployed under the client's own brand across UK, EU, and Turkey.
Is MonoPayments a public or private company?
MonoPayments is a private company. It is classified as unknown and is currently operating.
When was MonoPayments founded?
MonoPayments was founded in 2016. It employs 11 to 50 people.
Where is MonoPayments based?
MonoPayments is headquartered in London, United Kingdom, in the Europe region.
How does MonoPayments make money?
Two revenue lines are on record. White-Label Platform Licensing is the primary driver. The others are modular Solution Components.
Who are MonoPayments's main competitors?
Direct peers on record are Marqeta, Banking Circle, Currencycloud (Visa), Wallet Factory, Treezor (Société Générale) and Checkout.com. Broad incumbents are Adyen and Stripe. Emerging players are Unit and Thunes.
Does MonoPayments have an API?
No public API is recorded for MonoPayments.
What industry is MonoPayments in?
MonoPayments's product category is Payment Infrastructure Software. Its primary akta.pro industry code is FSAGABAE, Merchant-of-Record (MoR) & Payment Facilitation (PayFac) Infrastructure, with a secondary code of FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets). Its NAICS code is 522320.