Monnai, a global identity and risk data infrastructure company, has announced fresh equity funding of $12m.
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 decisioning for financial institutions and digital businesses. Its platform delivers ultra-low latency risk signals, alongside built-in back-testing and enterprise-grade observability tools that allow customers to monitor performance, assess data quality and optimise models at scale.
The infrastructure is designed to enable rapid market entry, allowing organisations to deploy locally in new jurisdictions within days rather than months.
Monnai said the new funding will be used to accelerate adoption of its identity and risk data infrastructure globally. The company plans to expand coverage in key European and Latin American markets, improve data effectiveness and response times, and continue investing in its core data infrastructure. The capital will also support hiring across engineering, data and go-to-market teams over the next 12 to 18 months, as the company looks to deepen customer engagement and drive measurable returns on adoption.
Since its Series A in 2023, Monnai has scaled its platform across the United States, Latin America, Europe and Asia. The company now processes tens of millions of transactions each month, delivers decisioning latency of under 500 milliseconds, and operates hyperlocal infrastructure live across four continents. According to the company, many customers are generating between eight and ten times their initial investment by embedding Monnai within core identity, fraud and risk workflows.
The funding comes during a period of strong operating momentum. Monnai said it was profitable in 2025 and achieved fivefold revenue growth during the year, based on internal results. Net revenue retention approached 200%, reflecting increased usage as customers expanded Monnai’s role across onboarding, fraud prevention and credit decisioning.
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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