We are a team of entrepreneurs and technologists who share the conviction that small and medium sized businesses are the key to a better world. Starting in 2015, our founders set out to solve one of their biggest headaches: access to fair and flexible financing.
Having personally faced countless rejections when applying for funding, they decided to engineer a service addressing the industry’s key hurdles: manual processes, a lack of reliable and relevant data, and a general mismatch between SMEs’ dynamic needs and the lending industry’s capabilities to meet them.
In 2015, we founded a pioneering lending and factoring service aimed at SMEs, Capcito. We spent two years developing our proprietary scoring engine and initiated a partnership with leading Nordic bank SEB, enabling us to provide fast and accessible working capital.
The service was powered by real-time data connections to SME accounting systems. Our focus on data, technology and customer experience allowed us to provide SMEs access to fair working capital solutions.
With Monto, we are determined to make this opportunity available at scale. We want to be the bridge that allows traditional as well as modern lenders to quickly achieve new dimensions of insight, risk control, efficiency and customer experience in their lending. And we want to continuously help improve their offering with time.
Today we offer the Monto platform as a modular one-stop-shop service to companies looking to offer fully digital and highly automated financial services to their end clients. By operating a fast-growing direct lending company under the same roof (Capcito), we gain instant feedback from SME businesses in order to ensure that our products and services are one of a kind on the market today.
Our goal is to become the leading platform in Europe providing better lending and credit decision tools to banks, financial institutions, ERPs and PSPs. In 2020, we launched our first licensing partnership with SEB to use our proprietary technology, and have since onboarded a handful of other industry players.
With security and ease of use as our guiding principles, we aim to become the go-to technology partner for all companies offering working capital solutions to SMEs, so they can gain the full benefit of modern 21st century financing.