Mono reports $5.1 million in revenue for 2024 and a $15.3 million valuation. The company has shown consistent revenue growth and employs approximately 35 people in Colombia.
Mono CEO Salomon Zarruk discusses the company's shift from a neobank to embedded finance infrastructure for companies across Latin America. He also discusses Mono achieving breakeven and its plans to expand into Mexico and Peru.
Colombian fintech Mono secures $6 million in seed funding to build digital banking infrastructure for Latin American small businesses. Tiger Global leads the round, with Soma Capital and Y Combinator participating. Mono describes its goal as becoming the “first bankingless bank” for Latin American SMEs.
Colombian fintech Mono announces a $6 million seed round led by Tiger Global, with Soma Capital and Y Combinator also participating. The funding will support Mono’s effort to build embedded finance for Latin American businesses.
