Montonio raises €500K Pre-Seed round

24 July 2020· Tallinn, Estonia· finance, e_commerce, fintech, payments, b2b, pure_software

To act as a credit marketplace, allowing online shoppers to receive several installment offers from competing creditors with a single credit application, and competing with the traditional installment credit model.

Investors

LeadCharlie Songhurst

Also participating

Practica CapitalSuperangelJevgeni KabanovTriin HertmannMartin SokkGorilla Capital

About Montonio

Stage

Series A

Headquarters

Tallinn, Estonia

Founded

2018

Team Size

51–200

Sectors

financee_commercefintechpaymentsb2bpure_software

http://www.montonio.com

Source: https://incubees.com/montonio-raises-euro-500k-in-pre-see-round/, https://www.eu-startups.com/2020/07/estonian-fintech-montonio-raises-e500k-to-compete-with-the-traditional-installment-credit-model/