Series A · Fintech · Copenhagen, Denmark · Founded 2018 · 63–70 employees
Monthio is a Copenhagen-based fintech that provides real-time creditworthiness assessment solutions for banks and lenders using Open Banking data. The company's platform automates income verification, risk analysis, and debt insights to streamline loan approval processes. With 9 out of 10 of Denmark's largest banks using their solution and processing over 2.5 million loan applications annually, Monthio has established itself as a market leader. The company recently raised €11.4 million in Series A funding in October 2024 from North Ventures, Harmar, and Danmarks Eksport- og Investeringsfond, and is expanding across Europe including Spain, Germany, France, Netherlands and Belgium.
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