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 Ratings4.2

Latest Updates

Employees (est.) (Apr 2021)115(+2%)
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, Austin, Kopavogur, Warszawa and in 3 other locations
London, GB (HQ)
38 Chancery Lane
Kopavogur, IS
Smáratorg 3
Warszawa, PL
Ludwika Waryńskiego 3a
Singapore, SG
71 Robinson Rd
Barcelona, ES
Carrer de Tànger, 86, Glories
Stockholm, SE
Mäster Samuelsgatan 42
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Meniga Financials and Metrics

Summary Metrics

Founding Date

2009

Meniga total Funding

$47 m

Meniga latest funding size

$11.83 m

Time since last funding

20 days ago

Meniga investors

Meniga's latest funding round in March 2021 was reported to be $11.8 m. In total, Meniga has raised $47 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

85/100

SecurityScorecard logo

Meniga Online and Social Media Presence

Embed Graph

Meniga News and Updates

Digital banking solutions provider Meniga closes additional €10M investment

Meniga, the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding. The round is led by Velocity Capital and Frumtak Ventures. Also participating are Industrifonden, the U.K. Government’s Future Fund and existing customers UniCredit, Sw…

UniCredit taps Meniga for mobile app development

Meniga, a leading provider of digital banking technology, has partnered with global banking and financial services company, UniCredit, to launch an enhanced version of the “Mobilna Banka Go!” in Slovenia.

Swedbank rolls out Meniga customer engagement tech

Meniga, the global leader in AI-driven digital banking solutions, has partnered with Swedbank, a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, to launch new services to increase customer engagement.

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.
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Meniga Blogs

Tune in: The new paradigm of digital channels in the Financial Industry

Join Alan Isaacs on April 15th and Gregory Gillet on April 20th as they discuss best practices for digital transformation in the Financial Services industry.Our technology Partners at Xpand IT, experts in digital transformation and innovation for the Financial Services Industry will be hosting an on…

Digital transformation and enablement remain recurring themes at this year’s Finovate Europe

Meniga opens the demos with Carbon Insight at this year’s Finovate Europe, showcasing our innovative green banking product that enables banking customers to fight climate change.The inescapable nature of our reality remained the ever-present backdrop to the 50 speakers and presenters. And while many…

Meniga partners with Visa to accelerate its expansion within APAC

Meniga joins the Visa Ready Program as a certified Fintech Enablement partner within the APAC region.We are thrilled to announce our new partnership with Visa, the world’s largest retail payment network, to accelerate its expansion within the APAC region.The certification means that Meniga now meets…

Kanika Mital speaks at Nordic Fintech Insights on the landscape of digital banking in 2021

Kanika Mittal speaks at Nordic Fintech Insights on the landscape of digital banking in 2021Nordic Innovation House Singapore invites regional head Kanika Mittal to join the panel for their most recent episode of Nordic Fintech Insights.It’s safe to say that very few of us could have predicted all th…

Albert Hauksson speaks at ConveyUX —  premier user experience conference from Blink

Albert Hauksson speaks at ConveyUX — premier user experience conference from BlinkApril 1st, 3pm UTC — Catch Meniga’s Lead UX designer talk about the design process behind one of our most innovative products.With just about a decade of experience in the software industry under his belt, Albert Hauks…

Meniga closes a €10m investment round to meet global demand for new green banking products

Led by Velocity Capital and Frumtak Ventures, along with Industrifonden, the UK Government’s Future Fund, and existing customers UniCredit, Swedbank, Groupe BPCE, and Íslandsbanki.We are thrilled to announce that Meniga has closed a €10m strategic investment round led by institutional investors, Vel…
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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, Austin, Kopavogur, Warszawa and in 3 other locations.

  • How many offices does Meniga have?

    Meniga has 8 offices.