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Mono
AddedMar 20, 2024
UpdatedJun 23, 2026
Mono

Mono

Seed

Mono builds financial infrastructure for Colombian businesses, offering white-label wallets, Visa cards, disbursements, and real-time PSE collections.

HQ
Bogotá, Bogotá, CO
Founded
2020
Accelerator
Y Combinator logoY CombinatorW22
Overview
Analysis
Compare
Fundraising
Employees
News
Website

Mono builds embedded financial infrastructure for Latin American enterprises, enabling businesses to launch digital wallets, issue virtual and physical Visa cards, execute mass disbursements, and process real-time PSE collections via API. Founded in 2020 by Salomon Zarruk and Sebastian Ortiz, the company graduated from Y Combinator's Winter 2022 batch and has since served more than 200 companies across Colombia, processing over one billion USD in transactions.

Mono raised $6 million in seed funding led by Tiger Global, with participation from Soma Capital, Y Combinator, and notable angels including Monzo founder Tom Blomfield and Revolut's Jamie Devlin. The company passed breakeven in 2024 and is self-sustainable, with plans to expand into Mexico and Peru.

Mono - Products & Services

  • Visa Card Program logo

    Visa Card Program

    Visa card issuance program with virtual and physical cards for businesses.

    Competing Products

    tpaga logo
  • White-Label Digital Wallet logo

    White-Label Digital Wallet

    White-label digital wallet with virtual accounts and Visa card issuance.

    Competing Products

    tpaga logo

Mono - Similar Companies

tpaga logo

tpaga

tpaga.co

Monet logo

Monet

monet.com.co

Mono logo

Mono

Monto logo

Monto

monto.mx

Milio logo

Milio

miliopay.com

Treinta logo

Treinta

treinta.co

Moneco logo

Moneco

moneco.app

Moneo logo

Moneo

moneo.cash

Plunzo logo

Plunzo

plunzo.com

ARQ logo

ARQ

dolarapp.com

Pagaloop logo

Pagaloop

pagaloop.com

Conta Simples logo

Conta Simples

contasimples.com

Chimoney logo

Chimoney

chimoney.io

Liquido logo

Liquido

liquido.com

Rank logo

Rank

moni.africa

Mono - Quick Facts

Who are Mono's competitors?

Companies similar to Mono include tpaga, Monet, Mono and Monto.

When was Mono founded?

Mono was founded in 2020.

Where is Mono's headquarters located?

Mono's headquarters is located in Bogotá, Bogotá, CO.

When was Mono's last funding round?

Mono's most recent funding round was for $6M (USD) in March 2022.

How much has Mono raised to-date?

As of Mar 1, 2022, Mono has raised a total of $7M (USD).

How many employees does Mono have?

Mono has 37 employees as of Feb 24, 2024.

Mono - Classification

Industry
  • Financial Services Companies
  • Financial Technology Companies
  • Neobank
Ownership
  • Private
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Latin America
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Small Business
Tags
  • API
  • Financial
  • Fintech
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
Show 7 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services