We couldn’t be more excited to announce our $9 million seed round! 🚀 This milestone marks an important step in our journey to change the world of B2B payments. A huge thank you to our incredible team, customers, investors Scale Venture Partners, F2 Venture Capital, Verissimo Ventures, Firsthand Alliance, Room40, ICON - Israel Collaboration Network, Ariel Maislos, and supporters for believing in our vision and helping us reach this point. While fintech thrives and payments evolve, the real truth is that B2B companies work hard to get paid. Our mission at Monto is to make things easy—super easy, if we may. We’re the first platform that connects to any payment portal that enterprise customers use, so businesses in the digital era can send, track and collect invoices and payments in one place. Stay tuned for more exciting updates, and in the meantime check out all our features to learn more about our vision and funding! 🌟 CTech by Calcalist https://lnkd.in/d5JGv64G Forbes https://lnkd.in/dTN7QAUv Business Wire https://lnkd.in/d4ricyw4 PYMNTS https://lnkd.in/dDQ4HuNM PYMNTS https://lnkd.in/dfGjRyYc Geektime גיקטיים https://lnkd.in/dp2KFMQP CFO Dive https://lnkd.in/dHkJZXpf FinSMEs https://lnkd.in/dpS6Cszn FinSMEs https://lnkd.in/dpS6Cszn Silicon UK https://lnkd.in/dd7h_u68 citybiz https://lnkd.in/d93U35rB VentureBeat Ops https://lnkd.in/dAd5w2nD FunderLyst https://lnkd.in/dM5p8Gfd Tribune Chronicle https://lnkd.in/d-ShTRkY The Times Magazine https://lnkd.in/eww-ciNe The Paypers https://lnkd.in/dhpxMRcd Yahoo Finance https://lnkd.in/dQ_ceFwj Finovate https://lnkd.in/d6G8fNjS Slice of Finance https://lnkd.in/d5ExxtM5 Digital Commerce 360 https://lnkd.in/d2eiCecf Impact Newswire https://lnkd.in/d5tZ6VaG Startup-Weekly, The Early Stage Startup Interview Database https://lnkd.in/dyCGwrVf AI‐TechPark https://lnkd.in/dEyUiZBT AI Insider https://lnkd.in/de39BkHk Startup Rise - Asia News https://lnkd.in/dhTbjSZ5
Monto
Software Development
Monto is the first AI connector for B2B revenue teams — connecting your ERP with thousands of payment portals.
About us
Click. Connect. Get paid from your enterprise customers. We built Monto for all the revenue teams tired of dealing with endless customer A/P portals. Monto is the first platform that connects with every payment portal, like Ariba and Coupa, and learns each of your customers’ billing requirements, so you can send, track, and collect invoices — from one place, in one click, with no manual work. So far, innovation in B2B payments has focused on customers. This makes payments easier for them to send, but harder for suppliers to receive. To create a world where B2B payments are truly seamless, we need it to be easy for both parties. We need connectivity. We need flexibility. We need platforms that can plug the gap between the portals customers are using, and the systems suppliers have. We need Monto.
- Website
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https://montopay.com
External link for Monto
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- New York
- Type
- Privately Held
- Founded
- 2021
Products
Monto
Billing & Invoicing Software
With Monto’s smart connections, getting paid from customer portals has never been easier. Monto is the first platform that lets you send, track, and collect invoices from your enterprise customers — in one place, with one click, and no manual work. If you work in B2B collections and payments, you’ve probably noticed more and more of your customers are using AP portals to communicate and pay you. Monto addresses this by turning your collection process into a fully automatic one — a solution we designed specifically for revenue teams like you who spend hours managing multiple portals. Plus, you’ll enjoy a real-time dashboard with all invoices, POs, and payments across every portal. Join large enterprises, publicly traded companies, and startups, and see what the future looks like with Monto — where everything is connected and automatic.
Locations
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Primary
New York
New York, Headquarters, IL
Employees at Monto
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Alexander Niehenke
Partner at Scale Venture Partners
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Marina Rudinsky Kaplan
Senior Product Designer & Generative AI Expert | Mastering Diverse AI Tools
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Mari Orence
Director of Billing & Accounts Receivable at Yotpo | MBA | Order to Cash | Finance Operations | B2B Collections | Forecasting
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Ayalon Menachem
Director Of Engineering at Monto
Updates
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Our true B2B payment MVPs 🐾 #HappyInternationalDogDay
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🔔 New blog post 🔔 You should get paid on time, every time. But with over 55% of B2B invoices overdue, getting paid on time is easier said than done. The challenge? Managing multiple (often complicated) AP portals. Here’s how automations can change the game: •Eliminate manual entry: Automate invoicing to match exact customer requirements, reducing errors and rejections. •Increase efficiency: No more logging into countless portals— with Monto, you can manage everything in one place. •Boost visibility: Gain real-time insights into payment statuses and debtor behavior. •Reduce late payments: Streamline processes for faster and more reliable payments. It's time to upgrade how you manage your portal payments to make sure you get paid on time, every time. 🚀 #B2BPayments #AccountsReceivable #InvoiceAutomation #efficiency #MontoMagic
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New look, same mission! ✨ Blink and you might've missed it - our website just got a glow-up! Whether you're a Monto veteran or just curious about our new look, take a spin at montopay.com. Fair warning 🛑 : may cause sudden urges to streamline your entire finance department. #NewLook #DigitalTransformation #WebsiteLaunch #B2BPayments #PaymentSolutions
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The Olympic games might be over, but the MontOlympics are just getting started… Here’s our favorite lineup of sports - scroll through to find out which athletes are taking home medals🥇 Let the games begin! #MontoOlympics #PaymentChampions #SeamlessSolutions #B2Bpayments #FinanceGameOn
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Not professional models, just B2B payment magicians 🌟 A sneak peek behind the scenes of our recent photoshoot! #B2BPayments #BehindTheScenes #PaymentSolutions #CompanyCulture #Monto
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Just in case you missed it! Swipe through the articles celebrating our recent seed funding 🎉 Forbes https://lnkd.in/dTN7QAUv CTech by Calcalist https://lnkd.in/d5JGv64G Business Wire https://lnkd.in/d4ricyw4 PYMNTS https://lnkd.in/dDQ4HuNM PYMNTS https://lnkd.in/dfGjRyYc Geektime גיקטיים https://lnkd.in/dp2KFMQP CFO Dive https://lnkd.in/dHkJZXpf FinSMEs https://lnkd.in/dpS6Cszn FinSMEs https://lnkd.in/dpS6Cszn Silicon UK https://lnkd.in/dd7h_u68 citybiz https://lnkd.in/d93U35rB VentureBeat Ops https://lnkd.in/dAd5w2nD @FunderLyst https://lnkd.in/dM5p8Gfd Tribune Chronicle https://lnkd.in/d-ShTRkY The Times Magazine https://lnkd.in/eww-ciNe The Paypers https://lnkd.in/dhpxMRcd Yahoo Finance https://lnkd.in/dQ_ceFwj Finovate https://lnkd.in/d6G8fNjS Slice of Finance https://lnkd.in/d5ExxtM5 Digital Commerce 360 https://lnkd.in/d2eiCecf Impact Newswire https://lnkd.in/d5tZ6VaG Startup-Weekly, The Early Stage Startup Interview Database https://lnkd.in/dyCGwrVf AI‐TechPark https://lnkd.in/dEyUiZBT AI Insider https://lnkd.in/de39BkHk Startup Rise - Asia News https://lnkd.in/dhTbjSZ5
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Spoiler alert: Forbes called Monto a game-changer in B2B payments! 💫 Special thanks to Tony Bradley for the great Forbes article! To read the full piece: https://lnkd.in/dphaM62p
Transforming B2B Invoicing And Payment Processes
social-www.forbes.com
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Monto reposted this
Today is a big day for us at Monto. I am excited to finally announce our $9M round led by the amazing Alexander Niehenke from Scale Venture Partners and Ariel Maislos🚀 A few years ago, Nitsan Yerushalmi, Yoav Shotland, Gabriel Wertheimer, and I realized how hard it was for B2B companies to get paid. We only had a $15 budget to put together the first version of our product and weren’t sure how far we would get. Along the way, the team made solving one of the biggest problems in B2B payments a dream come true. A few years later, we're changing the getting paid world in B2B: 🏦 We've built an amazing product, which already businesses get paid close to $1B. 🤩 We landed large public and large enterprise customers who trust Monto to future-proof them and truly solve their getting paid process through smart connections to more than 300 customer portals. 🗽We’re opening our first US office in New York. 💰We were fortunate to partner with phenomenal investors! Alexander Niehenke, Ariel Maislos, Alex Oppenheimer and Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, ICON - Israel Collaboration Network, The Zell Entrepreneurship Program at Reichman University, and Room40. 🤼♀️🤼 We built a dream team. I couldn’t end this post without giving the biggest shoutout to our amazing team—so dedicated, sharp, and motivated to create innovation in the B2B payments world. What excites us the most is what’s yet to come. We're just getting started. -- Our announcement→ https://lnkd.in/d4ricyw4 Our new website: montopay.com Featured at: 💡CTech by Calcalist - https://lnkd.in/d5JGv64G 💡Geektime גיקטיים - https://lnkd.in/dp2KFMQP 💡FINSMES - https://lnkd.in/gF9jvCks Top Angel investors and supporters! Ofer Herman, Yasmin Lukatz, Nitzan Shapira, Ran Ribenzaft, Ron Lerner, Yoav Zurel, Maor Fridman, Bruno Werneck de Almeida, Liat Aaronson, Simon Chan, Ariel Avitan, Tal Lev-Ami, David Oppenheimer, Sanjeev Kriplani, Tal Zackon, Ori Barzilay, Einav Kiderman Zach B., Elie Sprung, Mazi Levkovich, Mari Orence, Amir Hershkovitz, CPA, JoAnn Malz, CCE, ICCE.
Monto Exits Stealth With $9 Million in Seed Funding to Bring Order to B2B Payments Chaos
businesswire.com
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