Monnai, a global identity and risk data infrastructure company, has secured fresh capital of $12m in a equity funding round.
The round was led by Motive Partners, with participation from existing investors including Commerce Ventures and 500 Global.
Founded in August 2021, Monnai provides identity and risk data infrastructure that supports real-time identity verification, fraud prevention and credit decisioning. Its platform aggregates and normalises hundreds of hard-to-access data sources, delivering ultra low latency risk signals that can be embedded directly into customer onboarding and transaction workflows. The infrastructure also includes built-in back-testing and enterprise-grade observability tools, enabling customers to monitor data quality, evaluate performance and optimise risk models at scale.
The new funding will be used to accelerate adoption of Monnai’s platform globally, with a particular focus on expanding coverage in Europe and Latin America. The company also plans to invest further in its core data infrastructure to improve data effectiveness and response times, while continuing to hire across engineering, data and go-to-market teams over the next 12 to 18 months.
Monnai said its infrastructure is already live across four continents, allowing customers to deploy in new markets within days rather than months. The platform processes tens of millions of transactions each month and delivers decisioning latency of under 500 milliseconds. The company said customers are typically able to generate returns of between eight and ten times their initial investment by using Monnai’s data to improve onboarding acceptance rates, reduce defaults and churn, and increase model accuracy.
The funding comes amid strong operating momentum for the business. Monnai said it was profitable in 2025 and achieved fivefold revenue growth over the year, based on internal results. Net revenue retention approached 200%, reflecting deeper customer usage as the platform became embedded within core identity, fraud and risk decisioning workflows across the United States, Latin America, Europe and Asia.
Monnai co-founder and CEO Pierre Demarche said, “While risk models and AI-driven decisioning continue to advance, their effectiveness is fundamentally constrained by the quality of the data behind them. Monnai exists to change that. Our mission is to become the trusted global data infrastructure for identity and risk, delivering the accuracy, latency, and observability required to power real-time decisioning at scale. With this funding, we will accelerate our ability to deliver high-quality identity and risk insights across billions of identities, while expanding local coverage and improving performance across key markets in Europe and Latin America.”
Motive Partners principal, ventures Thomas Harris said, “Monnai is building a critical foundational layer for the global financial services industry. Through combining hundreds of hard to access data sets with AI driven intelligence Monnai is becoming the go-to identity decisioning partner for global platforms. As AI enables accelerated software development cycles, we see increasing demand for high-fidelity data and growing value and differentiation in the complex underlying data infrastructure that powers the application layer.
Already emerging as a leader and with a highly experienced team and rapidly scaling platform, we see Monnai benefiting from a reinforcing flywheel of expanding data access, strengthening proprietary signals and a growing global customer base to deliver ever increasing product quality, customer value and a highly defensible and unique global data platform.”
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