Monite is an all-in-one financial management platform for SMEs that automates up to 90% of accounting tasks.
Monite allows B2B platforms, marketplaces, neobanks, and vertical SaaS to integrate high-end finance automation features on par with the top players in the market. Using Monite API, they can provide finance automation features, including compliant account payable automation, invoicing, and expense management, to their own customers. Through its embeddable API, Monite enables B2B software providers to serve all of their customers’ business finance needs in a single platform.
Slope's founders both have a background in AI, so large language models power the company’s underwriting infrastructure.
Monite's seed funding has reached $16M in order to support US expansion efforts. The company has been working to enhance financial services.
Embedded finance workflows startup Monite added $6 million to its seed funding, bringing its total to $16 million.