/Companies

Moneo

Techstars '23

Mexico City, MX · Founded 2001 · 4 employees on LinkedIn · 1 known investors

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Moneo is a cashback app that uses AI to process receipts from participating retailers and instantly credit users with earnings that can be transferred to a bank account or used for mobile recharges. The platform targets retail shoppers in Latin America seeking rewards on everyday purchases.

Also known as Moneo.mx

Founders & leadership

Moneo was founded in 2001 by David Clifton.

DC
David CliftonCo-founder & COO at Moneo, Techstars '232018–2024David Clifton is a marketing and brand consultant with experience in brand strategy and communications who founded Moneo, an AI-powered cashback platform for retail shoppers in Latin America.
LULeo Utskot
Leo UtskotChief Technology OfficerLeo Utskot has over two decades of web development experience and founded multiple technology ventures in Mexico, including Simplemente (an internet and audio-video company established in the late 1990s) and Copyleft Mexico in 2004, where he currently serves as board director. He has also held consulting roles at LabRed and Alterbrain, and led development teams at Abargon on projects for major Mexican corporations.

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us

Company profile

researched Sep 2026

Moneo operates a consumer cashback service in Mexico. Shoppers buy products at participating stores, paying either in cash or by card, then scan or upload the purchase receipt in the Moneo app. The company processes the receipt and credits the user's earnings, which are paid in pesos rather than loyalty points.

Users can transfer accumulated earnings to a bank account or spend them on prepaid mobile top-ups in a few taps. Beyond a baseline reward on any product, the service offers higher earnings on specific promoted products and special offers. The product is delivered both as an Android app and as a web experience that works on any device without a download.

Business model

Consumer-facing rewards application linked to participating retailers and promoted products, with separate site sections addressed to consumers and to businesses.

Traction

Public milestones include a rewards partnership with AT&T México for prepaid customers, participation in the Google for Startups Cloud program following an invitation from Google México, and selection as a finalist in KPMG México's Global Tech Innovator 2024 competition.

Latest developments

Company news items describe the AT&T México prepaid rewards launch, entry into the Google for Startups Cloud program, the addition of Alfredo "Chef Oropeza" as strategic investor, ambassador and marketing partner, and finalist status in KPMG's Global Tech Innovator 2024 competition in Mexico.

▸Full profile — market position, technology, go-to-market, geography

Market position

Rewards are paid in pesos with real cash value rather than in points, are redeemable to a bank account or as mobile top-ups, and are earned regardless of whether the purchase was made in cash or by card.

Technology

Moneo states that it uses artificial intelligence to process uploaded purchase receipts and credit user earnings instantly. Access is available through an Android application and through a browser-based experience that requires no download.

Go-to-market

Distribution through an Android app and a no-download web app, promotion of special offers at participating stores, partnerships such as the AT&T México prepaid rewards service, and marketing through brand ambassador Alfredo "Chef Oropeza."

Shoppers in Mexico making everyday purchases at participating retailers, including those who pay in cash; the site also presents an offering for businesses.

Geography

Mexico; site content is in Spanish, rewards are denominated in pesos, and the site is branded Moneo.mx.

Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
HeadcountAug 20264

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 4

launches, deals, and filings
Jan 2024
Finalist in KPMG Mexico Global Tech Innovator 2024

Moneo was named a finalist in KPMG México's Global Tech Innovator 2024 competition.

source ↗

Jan 2024
Chef Alfredo Oropeza joins Moneo as strategic investor and marketing partner

Alfredo "Chef Oropeza" joined Moneo as a brand ambassador, strategic investor and marketing partner.

source ↗

Jan 2024
AT&T México and Moneo launch rewards service for AT&T Prepago customers

Moneo and AT&T México announced a rewards service aimed at AT&T prepaid mobile customers.

source ↗

Jan 2024
Moneo joins Google for Startups Cloud program

Moneo was invited by the Google México team to join the Google for Startups Cloud program.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 4

primary sources listed

4 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Moneo do?
Mexican cashback app that turns scanned store receipts into peso rewards and instant mobile top-ups.
Who founded Moneo?
Moneo was founded by David Clifton in 2001.
Who are Moneo's investors?
Moneo's investors include Techstars.
Where is Moneo headquartered?
Moneo is headquartered in Mexico City, MX.