Monnai

Monnai (Monnai Inc.) is an identity and risk data infrastructure company that aggregates and enriches consumer data into AI-ready insights used for decisioning across the customer lifecycle. Its platform is delivered through a single API and covers acquisition/marketing enrichment, onboarding and identity verification (KYC/AML), fraud and risk assessment, credit decisioning, and collections optimization. At the time of its Series A the platform was described as four decisioning modules — Know Your Customer, Trust & Fraud Risk, Credit Decisioning and Collections Optimization — drawing on more than 350 contextual insights spanning payment, communication, device and identity data.

The company positions itself against fragmented, siloed and localized data sources, claiming coverage across 190+ countries, more than 1,000 data sources, 200+ insight categories and data relating to 5 billion consumers. It describes a proprietary data consortium that builds 360-degree identity and behavior profiles from shared data, reducing the need for redundant integrations. Technical claims include decisioning latency under 500 milliseconds, built-in back-testing, and enterprise-grade observability for monitoring data quality and model performance, with hyperlocal deployments that enable entry into new markets in days rather than months.

Monnai serves financial institutions, insurers, fintechs, e-commerce companies and marketplaces. Published case studies reference Flip, Ninja Cart and Drip Capital, and testimonials come from executives at Yubi and Flip. Marketing materials cite outcomes such as 30% faster onboarding, up to 70% fraud reduction, 30% improved underwriting accuracy, 50% faster claims settlement, 20% higher recovery rates and 25% higher retention.

Founding story

The company was founded in August 2021; Pierre Demarche is co-founder and CEO. Its stated mission at the Series A was to become the "single source of truth for fintech decision-making globally", addressing the fragmentation of disparate data sources and rising fraud and regulatory complexity faced by fintech customers.

Business model

B2B software/data infrastructure sold to financial institutions, insurers, fintechs, e-commerce firms and marketplaces, delivered through a single API that integrates into customers' existing decisioning workflows; customers engage via demo requests and direct sales.

Not specified in the sources beyond customer adoption of its data/API infrastructure; the company reports net revenue retention approaching 200% and states many customers generate 8 to 10 times their initial investment.

Traction

Processes tens of millions of transactions per month; live across four continents; customers in the US, LATAM, Europe and Asia. Reported fivefold revenue growth and profitability in 2025 and net revenue retention approaching 200%. Named customers/case studies include Flip, Ninja Cart, Drip Capital and Yubi; Yubi's chief data officer cites a 20-30% uplift in fraud detection.

Latest developments

On 2026-01-14 Monnai announced a $12 million equity round led by Motive Partners with participation from existing investors Commerce Ventures and 500 Global. The capital is earmarked for expanding coverage in Europe and Latin America, improving data effectiveness and response times, investing in core data infrastructure, and hiring. The company reported operating profitably in 2025 with fivefold revenue growth and net revenue retention approaching 200%, based on internal results.