New funding led by Motive Partners supports Monnai’s vision to become the default data foundation powering real-time identity, fraud, and credit decisions worldwide

LOS ANGELES–(BUSINESS WIRE)–Monnai, a global identity and risk data infrastructure company, announced a $12 million equity funding round, led by Motive Partners, as the company scales a profitable identity and risk data infrastructure powering real-time identity, fraud, and credit decisioning for global financial institutions, and digital businesses. The round also includes participation from some existing investors, including Commerce Ventures and 500 Global. Since its founding in August 2021, Monnai has raised more than $23 million in total funding.

The new capital will be used to further accelerate adoption of Monnai’s identity and risk data infrastructure, which is already live across four continents and enables companies to deploy in new markets in days rather than months. Monnai delivers ultra low latency, real-time risk signals and includes built-in back-testing and enterprise-grade observability, allowing customers to measure performance, monitor data quality, and optimize models at scale. The funding will support continued expansion of global coverage including key markets in Europe and LATAM, improvements in data effectiveness and response times, and additional investment in core data infrastructure, as Monnai helps customers realize meaningful returns on adoption, with many generating 8 to 10 times their initial investment. Monnai also plans to hire across its engineering, data, and go-to-market teams over the next 12 to 18 months.

Since its Series A in 2023, Monnai has scaled its identity and risk data infrastructure globally, supporting customers across the United States, Latin America, Europe, and Asia. Monnai today processes tens of millions of transactions per month, delivers decisioning latency of under 500 milliseconds, and enables local deployments in new markets in days rather than months through its hyperlocal infrastructure, which is live across four continents.

The funding comes amid strong operating momentum, with Monnai operating profitably in 2025 and achieving fivefold revenue growth for the year, based on internal results. Net revenue retention approached 200%, reflecting deepening customer adoption as Monnai became embedded within core identity, fraud, and risk decisioning workflows.

“While risk models and AI-driven decisioning continue to advance, their effectiveness is fundamentally constrained by the quality of the data behind them,” said Pierre Demarche, Co-Founder and CEO of Monnai. “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.”

“Monnai is building a critical foundational layer for the global financial services industry,” said Thomas Harris, Principal, Ventures at Motive Partners. “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.”

Customers use Monnai as an extension of their internal risk and fraud teams, translating improved data signals into measurable outcomes such as higher onboarding acceptance rates, reduced defaults and churn, and improved model accuracy. As digital onboarding, fraud prevention, and credit decisioning increasingly rely on AI-driven models, Monnai provides the global data infrastructure required to make those systems accurate, observable, and effective in real time across markets.

About Monnai

Monnai is a global identity and risk data infrastructure company that enables financial institutions and digital businesses to make accurate, real-time decisions across onboarding, fraud prevention, and credit risk. Operating across multiple continents, Monnai delivers high-quality, observable, and ultra-low-latency data that powers modern risk and decisioning systems worldwide. For more information, visit www.monnai.com.

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