Moni provides credit and bill-payment products to underbanked consumers, including overdraft, long-term credit and bill-payment services. The company delivers services via a mobile app powered by proprietary technology that lets users apply for loans and pay telecom, utility and other bills. It plans to use new funding to accelerate growth and expand its product line, targeting lower-interest and more sustainable credit products such as micro installment loans. Moni has made more than 200,000 loans to date across Argentina and Mexico. Founded in 2013 by Juan Pablo Bruzzo and Alejandro Estrada and based in Buenos Aires, Argentina, the company continues to focus on improving borrowing conditions for underbanked customers.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

May 2017