Monnai has secured $12 million in funding, boosting its total funding to $23 million to develop AI-driven identity and risk data infrastructure for global financial and e-commerce sectors. The company’s technology supports real-time fraud reduction, onboarding, and decision-making with low-latency risk signals and scalable performance monitoring. #MotivePartners #Monnai #FintechSecurity #AIInfrastructure
Keypoints
- Monnai was founded in 2021 and is based in California.
- The company processes tens of millions of transactions monthly for global clients.
- Monnai’s infrastructure enables rapid market entry by providing real-time risk signals.
- Funds will be used to expand in Europe and Latin America and to improve core data infrastructure.
- Major investors include Motive Partners, Commerce Ventures, and 500 Global.
Read More: https://www.securityweek.com/monnai-raises-12-million-for-identity-and-risk-data-infrastructure/