Monnai, a global identity and risk data infrastructure company, has secured $12 million in equity funding, led by Motive Partners, to further expand its platform that supports real-time identity, fraud, and credit decisioning for financial institutions and digital businesses worldwide.
This funding round also included participation from existing investors such as Commerce Ventures and 500 Global. Since its establishment in August 2021, Monnai has accumulated over $23 million in total funding. The new capital is designated to accelerate the adoption of Monnai’s identity and risk data infrastructure, which is currently operational across four continents. It aims to support continued expansion into key markets in Europe and Latin America, enhance data effectiveness and response times, and further invest in core data infrastructure. Monnai also plans to expand its engineering, data, and go-to-market teams over the next 12 to 18 months.
Since its Series A round in 2023, Monnai has scaled its infrastructure globally, serving customers across the United States, Latin America, Europe, and Asia. The company processes tens of millions of transactions monthly, delivering decisioning latency under 500 milliseconds, and enables local deployments in new markets within days. Monnai reported operating profitably in 2025 and achieved a fivefold revenue growth for the year, based on internal results. Net revenue retention approached 200%, indicating increasing customer adoption.
Pierre Demarche, Co-Founder and CEO of Monnai, stated, “While risk models and AI-driven decisioning continue to advance, their effectiveness is fundamentally constrained by the quality of the data behind them. Monnai exists to change that. Our mission is to become the trusted global data infrastructure for identity and risk, delivering the accuracy, latency, and observability required to power real-time decisioning at scale. With this funding, we will accelerate our ability to deliver high-quality identity and risk insights across billions of identities, while expanding local coverage and improving performance across key markets in Europe and Latin America.”
Thomas Harris, Principal, Ventures at Motive Partners, commented, “Monnai is building a critical foundational layer for the global financial services industry. Through combining hundreds of hard to access data sets with AI driven intelligence Monnai is becoming the go-to identity decisioning partner for global platforms. As AI enables accelerated software development cycles, we see increasing demand for high-fidelity data and growing value and differentiation in the complex underlying data infrastructure that powers the application layer. Already emerging as a leader and with a highly experienced team and rapidly scaling platform, we see Monnai benefiting from a reinforcing flywheel of expanding data access, strengthening proprietary signals and a growing global customer base to deliver ever increasing product quality, customer value and a highly defensible and unique global data platform.”
Customers leverage Monnai to enhance their internal risk and fraud capabilities, translating improved data signals into measurable outcomes such as higher onboarding acceptance rates, reduced defaults and churn, and improved model accuracy. Monnai’s global data infrastructure supports the increasing reliance on AI-driven models in digital onboarding, fraud prevention, and credit decisioning, ensuring these systems are accurate, observable, and effective in real time across various markets.
