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Monedo

Monedo

Revenue

€43 M

FY, 2019

Market Valuation

€500 M

2017-05-10

Total Funding

$509.9 M

Monedo Summary

Company summary

Overview
Monedo (formerly known as Kreditech) is a technology company that delivers financial services for underbanked consumers. It offers consumer loans, a digital wallet, and a personal finance manager designed to help customers manage their credit scores and plan their spending. The company also provides a “credit as a service” model, allowing partners to integrate its credit products as a payment method or funding source, and Kredito24, a microloans solution.
Type
Private
Founded
2012
HQ
Hamburg, DE | view all locations
Website
https://www.monedo.com/
Cybersecurity rating
Sectors

Key people

  • Christina Odinzewa

    Christina Odinzewa, Deputy Chief Executive Officer, Russia

  • Roman Zhadaev

    Roman Zhadaev, Chief Accounting Officer, Russia

  • Elena Zenkova

    Elena Zenkova, VP Finance, Russia

  • Dmitry Selivanov

    Dmitry Selivanov, Chief Executive Officer, Kredito24.ru

Operating MetricsView all

Data Points Analyzed

20K

Jun, 2016

Customer Acquisition Cost

€3.7M
82.8%

FY, 2018

Gross Microcredit Loans

€10.4M
47.9%

FY, 2018

LocationsView all

6 locations detected

  • Hamburg, HH HQ

    Germany

    Jürgen-Töpfer-Straße 50/Haus 18

  • Warszawa, mazowieckie

    Poland

    Prosta 51

  • Bucharest, Municipiul București

    Romania

    Str. Nicolae Caramfil 71-73, Sect 1

  • Moscow

    Russian Federation

    Malaya Gruzinskaya street, Building 3, Floor 11

  • Madrid, Comunidad de Madrid

    Spain

    Ave. General Peron 38m planta 7, piso 4

  • Bangkok, Krung Thep Maha Nakhon

    Thailand

    19th Bhiraj Tower @ EmQuartier, 689, Sukhumvit Rd

Monedo Financials

Summary financials

Revenue (FY, 2019)
€43.0M
Cash (FY, 2018)
€13.4M
Enterprise value
$541.8M

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