Monato is a Mexican fintech founded in 2024 that builds modular, scalable financial infrastructure enabling retailers, lenders, and payment service providers to integrate financial services quickly, securely, and under Mexican regulation. The company has a strategic alliance with regulated institution Finco Pay to offer account opening, fund transfers, and bill-payment infrastructure. Finco Pay, in under two years of operations, has achieved direct connectivity to Mexico's SPEI system and obtained CNBV authorization to operate as an IFPE. Monato already operates a payments infrastructure and plans to expand its rails beyond SPEI while building a data-driven intelligent financing model. With new capital, Monato intends to accelerate launches of direct debit, FX solutions, acquiring services, and integrated smart credit platforms, and is evaluating applying for authorization to operate as a Sociedad Financiera Popular (Sofipo).

Total raised

$13M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2025