Monami Tech

payments

FOUNDING YEAR: 2016
LOCATION: United Arab Emirates
Last Update: 17/07/2020

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About

Monami Tech provides dynamic payments system, enabling value-added financial services, mobile commerce & online transactions. Institutions can offer their customers a simple, secure and personalized experience on any device they choose. Whether it’s something as basic as opening an account, sending money across the globe or even applying for a loan, its technology makes financial services easy, anytime and anywhere.

Focus

PRODUCTS & SERVICES

Customer Onboarding: Allows financial institutions to effectively and efficiently connect with their clients by combining front-line advisors, back-office teams, and operations on one platform. Loan Life Cycle Management: Offers a platform that allows banks to prepare and process credit submissions through systematic evaluation of risk appetite and its commercial documents. Real-Time Video Chat: A platform that allows developers to communicate through one-to-one chats to large-scale broadcasts. Voucher Management System: Allows electronic delivery of gift cards and prepaid vouchers in real time. Wallet-Based Financial Inclusion: Enables users to set up and manage personal accounts and perform transactions over the internet – including via mobile devices – and/or via magnetic stripe cards, private-label cards, and near-field communications (NFC) equipped devices.

REVENUE MODEL

The company uses pay as you go revenue model to generate its revenue.

MAIN CLIENTS

Retail customers

companies and financial institutions

People

NUMBER OF EMPLOYEES

11-50

INVESTORS:

Greg Cohen

Henry Helgeson

Paul Vienneau

PGH Holdings

KEY EMPLOYEES:

Brian Quarrie (CEO); Rivi Wickramrachchi (CIO); Ammar Afif (Managing Director)

Momentum

FUNDED

YES

TOTAL FUNDING

$2.5 M

DATE OF LAST FUNDING

Sep 2018

TOTAL FUNDING COMMENT

The company will use the funds to ramp up it's sales and marketing efforts as it has expansion plans in the Middle East gain momentum. (Sep. 2018)

SEED & PRIOR FUNDING

$1.5 M

SEED CLOSED ON

Jan 2017

FUNDING SERIES

SERIES A  · $1 M  · Sep 2018

LISTED

NO

BASICS

FOUNDING YEAR:

2016

LOCATION:

United Arab Emirates

Views:

23 VISITORS | 32 VIEWS
LATEST FUNDING ROUND

$2.5 M

TOTAL EMPLOYEES
11-50

About

Monami Tech provides dynamic payments system, enabling value-added financial services, mobile commerce & online transactions. Institutions can offer their customers a simple, secure and personalized experience on any device they choose. Whether it’s something as basic as opening an account, sending money across the globe or even applying for a loan, its technology makes financial services easy, anytime and anywhere.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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