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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Monto, founded with the mission to provide financial flexibility and improve employee well-being, offers a salary on-demand platform tailored for Latin America. The core vision is to empower workers by allowing them to access their earned wages whenever needed, for a low fixed fee. Additionally, Monto provides cart recovery software for eCommerce businesses, helping to reduce abandoned carts and increase sales. The company focuses on enhancing financial stability for employees and boosting revenue for online retailers in the Latin American market.
Notable figures affiliated with Monto include key investors and advisors from the fintech and eCommerce sectors, contributing significant expertise and capital to drive growth. The platform has achieved substantial milestones, including partnerships with numerous companies across Latin America, positively impacting thousands of employees by providing timely access to their earnings. Monto's innovative approach has led to increased financial security for workers and improved conversion rates for eCommerce businesses, marking a significant impact in both the financial and retail landscapes.
Operating Status
Active
When was Monto founded?
Monto was founded in 2020.
Where is Monto's headquarters located?
Monto's headquarters is located in NY, US.
When was Monto's last funding round?
Monto's most recent funding round was for $125k (USD) in August 2021.
How many employees does Monto have?
Monto has 2 employees as of Feb 24, 2024.
How much has Monto raised to-date?
As of July 05, 2023, Monto has raised a total of $125k (USD) since Aug 31, 2021.
Add Comparison
Total Raised to Date
$125k
USD
Last Update Aug 31, 2021
Last Deal Details
$125k
USD
Aug 31, 2021
Pre Seed
Current Employees
2
(over the past year)
Last updated: Feb 24, 2024
Employee Growth Trend
High
Medium
Low
Hover over data points to see confidence level and exact employee count
No location information available for this company.
Locations
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts