Monavate

We're not your average payments company.
Monavate is rewriting the rules of payments. Founded in 2020 to navigate a post-Brexit world, we’ve quickly become trusted partners to industry giants like Mastercard and Visa. Our innovative approach empowers businesses across fintech, Web3, and B2B sectors to streamline payments and create value.

Monavate is a Cambridge-based fintech company specialising in cutting-edge payment solutions. Committed to bridging the gap between traditional finance and decentralised technologies, Monavate empowers businesses and consumers with seamless, secure, and innovative payment experiences. Regulated in the UK and Europe, Monavate is an FCA-registered e-money institution and a principal member of Mastercard, Visa, and Discover, providing BIN sponsorship for some of the fastest-growing fintech card programmes.

Founded in 2020, Monavate’s track record speaks for itself:
•⁠ ⁠Issued more than 6 million cards on behalf of clients
•⁠ ⁠Powered over 410 million transactions
•⁠ ⁠Expanded operations across 35 countries
•⁠ ⁠Supported 40+ programmes on the platform
•⁠ ⁠Settled over £5.75 billion of card payments
•⁠ ⁠Opened over 500,000 IBANs

Payments should be simple, fast, and efficient. Instead, we have legacy banking systems that introduce unnecessary friction, slow transfers and increase the risk of fraud.

Scott Lucas, Co-Founder & President at Monavate
Scott Lucas

Co-Founder & President

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