OverviewSuggest Edit

Meniga is a company developing white-label Personal Finance Management (PFM) and online banking solutions. It offers a digital banking platform that provides users with financial management tools and personalized cashback rewards, banks with insights and data that helps them to engage customers, and businesses with a marketing platform that delivers consumer analytics and trends as well as performance marketing capabilities.
TypePrivate
Founded2009
HQLondon, GB
Websitemeniga.com
Employee Ratings4.6

Latest Updates

Employees (est.) (Nov 2020)115(-4%)
Revenue (FY, 2019)€13.5 M(+8%)
Cybersecurity ratingBMore

Key People/Management at Meniga

Georg Ludviksson

Georg Ludviksson

Co-Founder and CEO
Viggo Asgeirsson

Viggo Asgeirsson

VP Icelandic Business & Co-Founder
Ásgeir Örn Ásgeirsson

Ásgeir Örn Ásgeirsson

CTO & Co-Founder
Kristofer Einarsson

Kristofer Einarsson

CSA & VP Infrastructure and Technical Labs
Bragi Fjalldal

Bragi Fjalldal

CMO & VP Business Development
Jakub Piotrowski

Jakub Piotrowski

CRO and Head of Customer Engagement
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Meniga Office Locations

Meniga has offices in London, Kopavogur, Warszawa, Singapore and in 2 other locations
London, GB (HQ)
38 Chancery Lane
Kopavogur, IS
Smáratorg 3
Warszawa, PL
Ludwika Waryńskiego 3a
Singapore, SG
71 Robinson Rd
Stockholm, SE
Mäster Samuelsgatan 42
Stockholm, SE
Olofsgatan 10
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Meniga Financials and Metrics

Summary Metrics

Meniga's latest funding round in May 2020 was reported to be $9.3 m. In total, Meniga has raised $35.2 m
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Meniga Revenue

Meniga's revenue was reported to be €13.54 m in FY, 2019 which is a 7.8% increase from the previous period.
EUR

Revenue (FY, 2019)

13.5m

Revenue growth (FY, 2018 - FY, 2019), %

7.8%

Net income (FY, 2019)

(1.6m)

EBIT (FY, 2019)

(2.2m)

Cash (31-Mar-2019)

3.1m
EURFY, 2017FY, 2018FY, 2019

Revenue

8.1m12.6m13.5m

Revenue growth, %

55%8%

General and administrative expense

12.0m13.1m15.7m

Operating expense total

12.0m13.1m15.7m
EURFY, 2017FY, 2018FY, 2019

Cash

4.1m5.3m3.1m

Accounts Receivable

1.1m2.9m3.4m

Current Assets

11.3m12.9m12.3m

PP&E

43.8k13.7k
EURFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

263.0k172.6k646.7k

Accounts Payable

799.7k881.2k121.8k

Cash From Operating Activities

(7.6m)65.9k(3.7m)

Purchases of PP&E

(36.0k)
EURFY, 2017

Revenue/Employee

81.2k

Financial Leverage

2.6 x
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Meniga Operating Metrics

Meniga's Enterprise Customers was reported to be 800 in Jul, 2020.
May, 2020Jul, 2020Aug, 2020Oct, 2020

Active Customers (Banking)

90 m90 m90 m90 m

Enterprise Customers

800

Transactions

30 b30 b30 b

Transactions per Day

34 m34 m34 m
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Meniga Acquisitions / Subsidiaries

Company NameDateDeal Size
WrappJanuary 10, 2019
Meniga AB
Meniga Iceland EHF

Meniga Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Meniga Online and Social Media Presence

Embed Graph

Meniga News and Updates

Nordic Innovation House Hong Kong welcomes new member Meniga

The Nordic Innovation House Hong Kong wants to introduce the new member Meniga. “Meniga was founded in Iceland in the wake of the global financial crisis of 2007–2009. The effect of the recession in Iceland was palpable and Meniga quickly gained momentum by helping Icelanders find their way out o…

Meniga expands operations to the US

Meniga, a global leader in AI-powered digital banking solutions, today announces that it has expanded its business to the US, with a dedicated team appointed to drive sales operations by targeting the nation’s biggest banks and financial institutions.

Meniga joins Nexi Open

Nexi, the leading Italian PayTech in digital payments, signs a partnership with Meniga, the world's leading fintech in the development of personal & business financial management solutions.

Partnerships Between Fintechs and Financial Institutions Drive Faster Innovation in ASEAN’s Digital Banking Sector

In Singapore, the first digital banking licenses are expected to be granted by the end of this year, marking the debut of a new area in the city-state’s banking industry.

Financial Fitness and Digital Banking in the Times of COVID-19

The COVID-19 pandemic is forcing consumers to turn to digital channels. Now more than ever, banks must accelerate their digital transformation and focus on delivering tools their customers need for financial self-help, according to a new report by Meniga.

Perché Unicredit punterà sulla fintech Meniga

Alcune banche europee, tra cui Unicredit, hanno investito 8,5 milioni di euro in Meniga, società fintech con sede a Londra. Tutti i dettagli
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Meniga Blogs

Meniga discusses Neo-Banks vs Traditional Banking at this year’s IFTA

Meniga discusses Neo-Banks vs Traditional Banking at this year’s India Fintech AwardsIndia Fintech Forum invites Jakub Patriowski to take part in their panel on digital banking.In just a few short days, India Fintech Forum’s IFTA 2020 kicks off on November 30th for a 3-day digital event. Expecting o…

In the time of global pandemic — Go Digital!

In the time of global pandemic — Go Digital!Meet with Meniga at Singapore Fintech Festival, the world’s first week-long round-the-clock, hybrid digital event on 7–11 December. Be sure to not miss our presentation where we will be sharing very interesting insights, more information to come soon. You …

Bragi Fjalldal and Olav Gulbrandsen of DNB speaking at MoneyLIVE’s Nordic Banking Festival on 19th…

Bragi Fjalldal and Olav Gulbrandsen of DNB speaking at MoneyLIVE’s Nordic Banking Festival on 19th of November On Thursday 19th November at 11:20 CET, Meniga’s CMO & VP Business Development Bragi Fjalldal will be speaking at MoneyLIVEs Nordic Banking Online Festival. Bragi will be discussing how…

Espresso House explains how Meniga has helped enhance its marketing strategy and accelerate…

Espresso House explains how Meniga has helped enhance its marketing strategy and accelerate business growth Stéphanie Cabrera, Head of Business Intelligence of Nordic coffee chain Espresso House, reveals how they utilise Meniga’s Market Intelligence as a practical tool for leveraging market data and…

How open banking can turn your bank into the Spotify of finance

Photo by Heidi Fin on Unsplash. Believe it or not, Spotify should inspire your banking app.What would you like us to write about in the field of fintech?Welcome to the third article in a series we call #RealWorldFintech. Please let us know via Twitter, Facebook, or Linkedin what fintech topics you w…

Financial Services Technology Handbook highlights Meniga’s unique approach to Digital Banking…

Financial Services Technology Handbook highlights Meniga’s unique approach to Digital Banking during unstable timesThe Financial Services Disruptive Technology report published in partnership between Verdict and Arena-International, notes that putting customers at the heart of the business model is …
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Meniga Frequently Asked Questions

  • When was Meniga founded?

    Meniga was founded in 2009.

  • Who are Meniga key executives?

    Meniga's key executives are Georg Ludviksson, Viggo Asgeirsson and Ásgeir Örn Ásgeirsson.

  • How many employees does Meniga have?

    Meniga has 115 employees.

  • What is Meniga revenue?

    Latest Meniga annual revenue is €13.5 m.

  • What is Meniga revenue per employee?

    Latest Meniga revenue per employee is €117.7 k.

  • Who are Meniga competitors?

    Competitors of Meniga include Fabrick, Salt Edge and fintonic.

  • Where is Meniga headquarters?

    Meniga headquarters is located at 38 Chancery Lane, London.

  • Where are Meniga offices?

    Meniga has offices in London, Kopavogur, Warszawa, Singapore and in 2 other locations.

  • How many offices does Meniga have?

    Meniga has 7 offices.