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Monedo Company

Monedo's Group’s mission is to improve financial freedom for the underbanked with the use of technology. Combining non-traditional data sources and machine learning, the company is aiming to provide access to better credit and a higher convenience for digital banking services. The product offerings include consumer loans, a digital wallet and a personal finance manager designed to help customers manage their credit score and plan their spending. Monedo also offers a “Lending as a Service” model, allowing partners to integrate Monedo's credit products via an API into their own platform and services.
Monedo files for bankruptcy.


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Founded Date: 2012-02-01
Last Funding Date: 2019-09-25
Industry: AI in Finance
Total Funding: 519223147
Headquarters: Hamburg,Hamburg,Germany,Europe
Technology: Lending & Credit