Monit secures funding from BankTech Ventures!
Created Date
June 11, 2024
We are thrilled to announce a recent investment from BankTech Ventures (press release here)! The funding will help Monit further expand its product offerings for community banks and credit unions as those institutions seek to better support their small-to-medium sized business (SMB) clients as well as to provide industry-leading analytics tools to bankers.
Partnering with BankTech allows Monit to access their unparalleled ecosystem of banks and key industry players.The investment marks further validation that Monit is the go-to solution for forward-thinking financial institutions who want to provide ‘digital CFO’ tools to SMBs and profitably grow wallet-share with this highly coveted and scalable customer segment. It’s well documented that the “big banks” (Bank of America, JP Morgan Chase, US Bank, etc.) are investing heavily in SMB tools, and Monit looks forward to leveling the playing field for BankTech limited partner banks and beyond!