MONETAGO

MonetaGo is a financial technology provider, creating and deploying blockchain based networks that provide network participants a common platform to reduce error and fraud, while also synchronizing and enhancing workflows. The company launched live with clients in March 2018, and since then has amassed agreements, contracts and commercial working relationships with SWIFT, Reserve Bank of India, HSBC, Citi, R3, Wipro and many more multinational financial institutions. The Total Addressable Marke... t for their platform and services runs to multibillions of dollars, and they are fast approaching a massive growth inflection point. The Global financial eco-system still currently relies on excel, fax and couriers to manage unnecessarily complex workflows, that also greatly increase the opportunity for error, fraud and inertia – market acceptance of these concerns is ubiquitous, and MonetaGo is prime placed to provide solutions. Further, the company’s initial offering leverages worldwide political and regulatory mandates to help bring credit to the underserved micro, small and medium sized business sector, while also allowing banks and lending institutions to extend their books of business in to these markets. The company has grown its business by offering incremental products and platforms to their bank clients in India, Latin America, and will look to extend their reach to EMEA, APAC and the US in the coming years. The company has a multi-product and worldwide opportunity to rapidly evolve the way banks, financial institutions, and regulatory authorities manage their workflows, reduce error and fraud. The Total Addressable Market for the company’s initial two products show a path to $300m in gross revenues alone in a handful of years, but when incremental products and asset markets are added there is a clear billion dollar opportunity being unlocked by MonetaGo.More