Montonio

Early

Year of investment: 2020

About the company:

Montonio is an all-in-one platform for online merchants to accept payments, offer financing and handle the entire post-checkout experience from shipping to returns and refunds.

Website: montonio.com

Categories: E-Commerce; Finance; FinTech; Lending; Payments

Founded: 2018

Founder(s): Karel Nappus, Kristofer Turmen, Markus Lember, Henrik Rank, Karl Kristjan Kalluste, Rasmus Õisma;

Location(s): Tallinn, Estonia (HQ); Lithuania; Latvia; Poland;

Entry date: 2020

Entry stage: Pre-Seed

Latest stage: Early

Latest round: Series A

Co-investors: Index Ventures; Tera Ventures; ffVC; Superangel;

Exit: n/a

News:

2020: Estonian fintech Montonio raises €500K to compete with the traditional installment credit model

2022: Montonio raises €11m to improve payment and post-checkout experience of online merchants

2022: Montonio is building the payment and checkout to rule them all via TechCrunch

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