Valar Ventures Invests in $6M Funding of German Fintech Monite

Monite Secures $6 Million Funding Round Led by Valar Ventures and Third Prime

Berlin-based fintech firm, Monite, is making waves in the finance automation sector with its API-first approach. Recently, the company secured a $6 million top-up round led by Valar Ventures and Third Prime, two renowned investors. Monite aims to revolutionize the B2B finance space by providing seamless financial operations within daily used B2B platforms. Despite a downturn in venture capital interest in fintech, Monite’s outstanding performance has caught the attention of investors like Valar Ventures, bringing its total seed funding to $16 million. This funding will enable Monite to become a leader in embedded finance, particularly in the US market.