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Monto
AddedMar 22, 2024
UpdatedJul 17, 2026
Monto

Monto

Pre-Seed

On-demand salary access in Latin America & cart recovery software for eCommerce.

HQ
Monterrey, Nuevo León, MX
Founded
2020
Accelerator
Y Combinator logoY CombinatorS21
Overview
Compare
Fundraising
Employees
Website

Monto, founded with the mission to provide financial flexibility and improve employee well-being, offers a salary on-demand platform tailored for Latin America. The core vision is to empower workers by allowing them to access their earned wages whenever needed, for a low fixed fee. Additionally, Monto provides cart recovery software for eCommerce businesses, helping to reduce abandoned carts and increase sales. The company focuses on enhancing financial stability for employees and boosting revenue for online retailers in the Latin American market.

Notable figures affiliated with Monto include key investors and advisors from the fintech and eCommerce sectors, contributing significant expertise and capital to drive growth. The platform has achieved substantial milestones, including partnerships with numerous companies across Latin America, positively impacting thousands of employees by providing timely access to their earnings. Monto's innovative approach has led to increased financial security for workers and improved conversion rates for eCommerce businesses, marking a significant impact in both the financial and retail landscapes.

Monto - Similar Companies

Monet logo

Monet

monet.com.co

Atrato logo

Atrato

atratopago.com

Payflow logo

Payflow

payflow.es

Mono logo

Mono

mono.la

Compra Rápida logo

Compra Rápida

comprarapida.co

Pideaky logo

Pideaky

pideaky.com

Encuadrado logo

Encuadrado

encuadrado.com

Mozper logo

Mozper

mozper.com

Moneco logo

Moneco

moneco.app

Liquido logo

Liquido

liquido.com

Cuanto logo

Cuanto

web.cuanto.app

Treinta logo

Treinta

treinta.co

Zippi logo

Zippi

zippi.com.br

Fintoc logo

Fintoc

fintoc.com

Pagaloop logo

Pagaloop

pagaloop.com

Monto - Quick Facts

Who are Monto's competitors?

Companies similar to Monto include Monet, Atrato, Payflow and Mono.

When was Monto founded?

Monto was founded in 2020.

Where is Monto's headquarters located?

Monto's headquarters is located in Monterrey, Nuevo León, MX.

When was Monto's last funding round?

Monto's most recent funding round was for $125k (USD) in August 2021.

How much has Monto raised to-date?

As of Aug 31, 2021, Monto has raised a total of $125k (USD).

How many employees does Monto have?

Monto has 18 employees as of Feb 24, 2024.

Monto - Classification

NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 541000Professional, Scientific, and Technical Services
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 8740Management And Public Relations Services
  • 7371Computer Programming Services
  • 8742Management Consulting Services
Show 9 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
  • 7372Prepackaged Software