Monnai Raises $12 Million in Equity Funding to Build Global Identity…

Team S · 2026-01-21T12:59:11.000Z

Monnai, a global identity and risk data infrastructure company, has announced the successful close of a $12 million equity funding round to accelerate its platform adoption and expand its global footprint. The fresh capital will support Monnai’s mission to become a trusted backbone for real-time identity, fraud prevention, and credit decisioning for financial institutions and digital businesses worldwide. The round was led by Motive Partners, with significant participation from existing investors including Commerce Ventures and 500 Global. Monnai plans to deploy the funds to enhance its core data infrastructure, improve data effectiveness and latency, expand operations into key markets across Europe and Latin America, and grow its engineering, data, and go-to-market teams over the next 12 to 18 months. Founded in August 2021 by Co-Founders Pierre Demarche and Ravish Patel, Monnai’s platform delivers ultra-low latency risk signals with enterprise-grade observability and back-testing capabilities across four continents. The technology enables customers to quickly deploy identity and risk decisioning in new markets, helping improve onboarding acceptance, reduce defaults, and enhance model accuracy. Monnai has achieved strong operating momentum, with fivefold revenue growth and high net revenue retention in 2025.

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Monnai Raises $12 Million in Equity Funding to Build Global Identity… | Newnex