Monite

Overview
Monite is a Berlin-headquartered German B2B fintech company founded in 2020 by Ivan Maryasin (Chief Executive Officer) and Andrey Korchak (Chief Technology Officer). It provides an embedded finance API enabling B2B software platforms, neobanks, vertical SaaS providers and marketplaces to embed accounts-payable (AP) and accounts-receivable (AR) workflows — invoicing, bill payments, supplier management, approval workflows and receivables automation — natively inside their own products. Publicly-disclosed investors include Third Prime, Point Nine Capital, Runa Capital and Valar Ventures.

Why this entity matters
Monite is a reference entity for the DACH embedded-finance narrative for three reasons. First, it is one of the most-referenced Berlin-headquartered embedded-finance API companies of the 2020 founding cohort and one of the clearest public examples of the API-first accounts-payable and accounts-receivable infrastructure model in Europe. Second, its stated positioning — supplying AP/AR infrastructure to B2B platforms, neobanks, corporate card issuers and fintech infrastructure providers rather than serving SME end-customers directly — makes it a useful reference case for the broader European embedded-finance infrastructure category. Third, its investor set (Third Prime, Point Nine Capital, Runa Capital, Valar Ventures) sits at the intersection of the European early-stage B2B SaaS investor stack and the transatlantic embedded-finance investor stack, providing a useful public data point on how Berlin-based B2B fintech infrastructure companies are financed.

Company history and product
Monite was founded in 2020 in Berlin by Ivan Maryasin and Andrey Korchak. Prior to Monite, Andrey Korchak led the technology team at Tochka Bank, one of the largest SME neobanks in Eastern Europe. Monite's product is delivered as a set of APIs and white-label components that its platform customers integrate into their existing user interfaces, giving their end customers — typically SMEs and mid-market corporates — an embedded experience for invoicing, bill payments, supplier and vendor management, approval workflows, receivables automation and connected accounting integrations. Monite's stated go-to-market focus is on partnering with B2B platforms, neobanks, corporate card issuers and fintech infrastructure providers that want to add AP/AR workflows to their existing offering without building the underlying stack themselves. Publicly-disclosed investors include Third Prime, Point Nine Capital, Runa Capital and Valar Ventures. Publicly-reported total funding is approximately USD 16M in aggregate, with the most recent publicly-reported top-up round of approximately USD/EUR 5-5.5M in early 2024 co-led by Valar Ventures and Third Prime, on top of a prior USD 5M seed round in 2023 (specific round sizes and dates as reported by TechCrunch, PYMNTS and EU-Startups; not independently verified). Monite has publicly disclosed technology partnerships including a joint offering with accounting-data aggregator Codat to enable embedded invoicing and bill payments for shared platform customers.

Role in the DACH startup and technology ecosystem
Monite occupies a distinctive position in the DACH FinTech landscape as one of the most-referenced Berlin-headquartered embedded-finance API companies of the 2020 cohort and one of the most publicly-visible European embedded-AP/AR infrastructure providers. It sits within the broader embedded-finance infrastructure category alongside peers active in embedded payments, embedded lending, embedded accounts and embedded corporate cards, and its focus on the AP/AR workflow layer differentiates it from pure payments-infrastructure and pure banking-as-a-service providers. Within Berlin specifically, Monite is a recurring reference in coverage of the B2B fintech and infrastructure segment of the local ecosystem.

Selected relationships and affiliations
Founded by Ivan Maryasin (Chief Executive Officer) and Andrey Korchak (Chief Technology Officer) (Berlin, 2020). Publicly-disclosed institutional investors include Third Prime, Point Nine Capital, Runa Capital and Valar Ventures. Publicly-reported total funding: approximately USD 16M in aggregate as of the most recent publicly-reported early-2024 top-up (round sizes and dates as reported by TechCrunch, PYMNTS and EU-Startups; not independently verified). Publicly-disclosed technology partnership: Codat (embedded invoicing and bill payments joint offering). Related Startuprad.io coverage themes: DACH embedded finance; Berlin FinTech; B2B payments infrastructure; DACH neobank landscape; European accounting and finance automation.

Startuprad.io relevance
Monite is a T1 reference entity for Startuprad.io's DACH embedded-finance and Berlin FinTech clusters. Startuprad.io has nine tagged posts referencing Monite, including a full founder interview with the company, alongside adjacent founder-interview coverage of connected DACH FinTech and B2B SaaS peers such as Global Savings Group, Kenjo, the Qonto / Penta / Kontist deal week and Solarisbank. Monite is one of the recurring embedded-finance reference points in Startuprad.io's Berlin FinTech and DACH B2B fintech coverage.

Public source context
This profile draws on Monite's own corporate website https://www.monite.com , its LinkedIn presence https://www.linkedin.com/company/monite/ , Crunchbase's Monite profile https://www.crunchbase.com/organization/monite , publicly-available press coverage of Monite's seed round in TechCrunch https://techcrunch.com/2023/03/20/berlins-monite-raises-5m-seed-for-its-embedded-b2b-payments-platform/ , publicly-available coverage of the Monite / Codat partnership in PYMNTS https://www.pymnts.com/technology/2022/monite-codat-team-to-allow-embedded-invoices-bill-payments-in-apps/ , publicly-available coverage of the early-2024 top-up round in EU-Startups https://www.eu-startups.com/2024/02/berlin-based-monite-adds-e5-5-million-to-expand-embeddable-financial-services-for-us-b2b-platforms/ , and Startuprad.io's own coverage archive summarised in the coverage section below.

Startuprad.io coverage of Monite

Monite appears in the following Startuprad.io interviews, analysis, and monthly news coverage.

Meet Monite — They Make the Life of CFOs Easier — Founder Interview
Published: 15 March 2026
Last updated: 14 August 2026
Coverage type: Interview
https://www.startuprad.io/post/meet-monite-they-make-the-life-of-cfos-easier-founder-interview

Meet Hidden Giant in Shoppers Rewards: Global Savings Group — Founder Interview
Published: 15 March 2026
Last updated: 14 August 2026
Coverage type: Interview
https://www.startuprad.io/post/meet-hidden-giant-in-shoppers-rewards-global-savings-group-founder-interview

Meet Germany's Effortless All-In-One HR Software Startup Kenjo — Founder Interview
Published: 15 March 2026
Last updated: 14 August 2026
Coverage type: Interview
https://www.startuprad.io/post/meet-germany-s-effortless-all-in-one-hr-software-startup-kenjo-founder-interview

Neobank Deal Week: Qonto Confirms Buying Penta — Kontist Is Selling As Well At Discounted Price — Founder Interview
Published: 15 March 2026
Last updated: 14 August 2026
Coverage type: Interview
https://www.startuprad.io/post/neobank-deal-week-qonto-confirms-buying-penta-kontist-is-selling-as-well-at-discounted-price-fo

Solarisbank is Exploring All Options From Fundraising to a Sale to a PE Fund — Founder Interview
Published: 15 March 2026
Last updated: 14 August 2026
Coverage type: Interview
https://www.startuprad.io/post/solarisbank-is-exploring-all-options-from-fundraising-to-a-sale-to-a-pe-fund-founder-interview

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Canonical record: https://www.startuprad.io/entities/monite