Monto
YC S21Monterrey, MX · Founded 2020 · 13 employees · 2 known investors
Monto offers a modular benefits platform designed for companies to provide employee benefits with configurable options, integrated payroll deductions, and automated administration across organizations of any size.
Founders & leadership· Y Combinator alumni (S21)
Monto was founded in 2020 by Andres Quintanilla and Karina Derbez.
AQ
Andres QuintanillainFounderAndres Quintanilla previously worked at Goldman Sachs and is now building Monto, a fintech company.
KD
Investors · 2
Funding
SEC filings, press & company announcements$9M disclosed across 1 of 2 rounds · 2024
- $9MSeedJul 2024 · 3 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 3
by search overlapMinu4 shared keywordsminu offers a workplace benefits platform for companies in Mexico, letting HR teams activate over 50 employee benefits such as on-demand salary (earned wage access), savings, food vouchers, loans, telemedicine, and financial education. Employees access the benefits through a mobile app while employers manage plans via a web platform, aimed at improving talent retention and financial wellbeing.
Worky4 shared keywordsWorky is a payroll and human resources management platform for Mexican companies that automates the calculation, legal filing, and distribution of employee payments in real time, while managing workforce operations from hiring through payroll processing.
Rankmi3 shared keywordsRankmi offers HR software for managing and paying global teams, including employees, freelancers, and international talent across different currencies, from a single platform. Its payroll product targets companies with distributed and cross-border workforces.
Companies competing with Monto for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Monto do?
- Monto offers a modular benefits platform designed for companies to provide employee benefits with configurable options, integrated payroll deductions, and automated administration across organizations of any size.
- Who founded Monto?
- Monto was founded by Andres Quintanilla, Karina Derbez in 2020.
- Who are Monto's investors?
- Monto's investors include Sprint Vc, Y Combinator.
- How much funding has Monto raised?
- Monto has disclosed $9M raised across 1 of its 2 known rounds.
- Where is Monto headquartered?
- Monto is headquartered in Monterrey, MX.




