Monavate

Monavate is a Cambridge-based fintech specialising in payment solutions. The company aims to bridge the gap between traditional finance and decentralised technologies, and works with businesses and consumers to provide ‘secure payment experiences’. Regulated in the UK and Europe, Monavate is an FCA-registered e-money institution and a principal member of Mastercard, Visa and Discover providing BIN sponsorship for some of the fastest growing fintech card programmes. Founded in 2020, Monavate has issued more than 6m cards, facilitated over 410m transactions, supported over 40 programmes on the platform, settled over £5.75b of card payments and opened over 500,000 IBANs.