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.) (Mar 2020)123(+7%)
Revenue (FY, 2020)€12.5 M(-7%)
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, New York, 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

4 months 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 €12.5 m in FY, 2020 which is a 7.6% decrease from the previous period.
EUR

Revenue (FY, 2020)

12.5m

Revenue growth (FY, 2019 - FY, 2020), %

(7.6%)

Net income (FY, 2020)

(4.6m)

EBIT (FY, 2020)

(4.5m)

Cash (31-Mar-2020)

5.4m
EURFY, 2018FY, 2019FY, 2020

Revenue

12.6m13.5m12.5m

Revenue growth, %

55%8%(8%)

General and administrative expense

13.1m15.7m17.0m

Operating expense total

13.1m15.7m17.0m
EURFY, 2018FY, 2019FY, 2020

Cash

5.3m3.1m5.4m

Accounts Receivable

2.9m3.4m6.5m

Current Assets

12.9m12.3m12.6m

PP&E

13.7k79.9k
EURFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

172.6k646.7k300.3k

Accounts Payable

881.2k121.8k637.0k

Cash From Operating Activities

65.9k(3.7m)(6.6m)

Purchases of PP&E

(36.0k)(112.3k)
EURFY, 2018

Revenue/Employee

138.2k

Financial Leverage

1.6 x
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Meniga Operating Metrics

Meniga's Enterprise Customers was reported to be 800 in Jul, 2020.
May, 2020Jul, 2020Aug, 2020Oct, 2020Apr, 2021

Active Customers (Banking)

90 m90 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 Poland Sp z.o.o

Meniga Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Meniga Online and Social Media Presence

Embed Graph

Meniga News and Updates

Meniga将建立BPER的数字银行解决方案

意大利银行业集团BPER已与Meniga签约,以开发其新的数字银行解决方案

UniCredit在梅尼加投资310万欧元

UniCredit表示已与数字银行技术供应商Meniga签署了“战略合作伙伴关系”,并且还持有该公司的少数股权

瑞典银行向银行技术提供商Meniga投资300万欧元

Meniga是一家贴有标签的数字银行解决方案提供商,已从其客户Swedbank获得了300万欧元的股权投资

Länsförsäkringar partners with Meniga to supercharge its digital user experience with new Personal Finance solution

We’re delighted to announce our partnership with Länsförsäkringar, one of the largest financial institutions in Sweden, to launch a new Personal Finance Management (PFM) solution

Meniga continues collaboration with Nordea Sweden to bolster its digital banking offering

Meniga, the global provider of digital banking solutions, has signed a new partnership agreement with Nordea, one of the largest financial services groups in the Nordics, to continue the integration of its market-leading cashback rewards platform within Nordea’s mobile banking app in Sweden.

Meniga joins Visa Ready programme

Meniga, the global leader in digital banking and personal finance solutions, has today announced a new partnership with Visa, the world’s largest retail payment network, to accelerate its expansion within the Asia Pacific region.
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Meniga Blogs

Länsförsäkringar partners with Meniga to supercharge its digital user experience with new PFM…

Länsförsäkringar partners with Meniga to supercharge its digital user experience with new PFM solutionWe’re delighted to announce our partnership with Länsförsäkringar, one of the largest financial institutions in Sweden, to launch a new Personal Finance Management (PFM) solution. As part of the agr…

Italy’s news source la Repubblica features Carbon Insight

One of Italy’s most prevalent news publications discusses how our partnership with Nexi Open is bringing this innovative green solution to banks across the countryClimate change is a global issue and the rise of carbon-conscious consumers is happening across all borders. Italian news source la Repub…

Meniga continues collaboration with Nordea Sweden to bolster its digital banking offering with…

Meniga continues collaboration with Nordea Sweden to bolster its digital banking offering with personalized cashback rewardsWe’re excited to renew our successful partnership with Nordea, one of the largest financial services groups in the Nordics, to continue the integration of its market-leading ca…

Meniga featured in FT Partners Industry Report

Financial Technology Partners recently published their extensive research report titled Open Banking; Reacrchitecting the Financial Landscape.Consider this FT Partners industry report as an equivalent to Open Banking 101. This in-depth report covers Open Banking in all forms, from the state of Open …

CEO Georg Ludviksson joins 11:FS for their sustainability episode

Leading financial podcast 11:FS invites 3 leaders making the biggest splash in the Green Financial Wave discussing the present and the way forward for sustainability as it relates to the financial sector.On April 22nd, we were flooded with emails, tweets, and posts about corporate commitments to tac…

Georg Ludviksson discusses Climate Friendly Fintechs at this year’s LENDIt

April 29th 2:25 EDT — Meniga’s CEO joins a panel at USA’s leading event for Innovation in Financial ServicesLENDIt 2021 is soon to kick off for their second year as a virtual event. This major US event has optimised itself to thrive virtually and deliver a successful experience for all 2,500+ attend…
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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 123 employees.

  • What is Meniga revenue?

    Latest Meniga annual revenue is €12.5 m.

  • What is Meniga revenue per employee?

    Latest Meniga revenue per employee is €101.7 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, New York, Kopavogur, Warszawa and in 3 other locations.

  • How many offices does Meniga have?

    Meniga has 7 offices.