Monit is thrilled to announce a significant investment from the American Bankers Association (ABA), a premier organization representing the interests of U.S. banks. This investment is a testament to our innovative approach of leveraging financial data for the benefit of both banks and their business customers.

‍

The ABA's decision to invest in Monit is a major milestone for our company. As one of the most influential organizations in the banking industry, their endorsement validates our vision and the value we bring to our bank clients. This investment will provide us with the resources to accelerate our growth, expand our product offerings, and deepen our partnerships with financial institutions across the country.

‍

Our partnership with the ABA is more than just a financial transaction. It represents a shared vision for a future where banks and small businesses can thrive together. 

‍

For more information, see the press release here: https://www.aba.com/about-us/press-room/press-releases/new-venture-investments-in-fintech-companies

‍

‍