FundedIQ
Financial Services

Monthio: Funding, Investors & Team (Sep 2026)

Monthio is the ultimate solution for creditworthiness assessments. We help leading banks and other loan providers in Nordics digitise the loan approval process, by increasing the speed and accuracy of application approval. We are also live in Spain and Germany, with entrance into France, the Netherlands and Belgium in 2024. Our powerful solution enables financial institutions to adhere to regulations, while continuing to provide a quick and easy service to applicants. Contact us today to hear more about how we can help you with: ➡️ Automating your creditworthiness assessment process ➡️ Providing a seamless user journey for your customers ➡️ A crystal clear overview of your customers' financial situation ➡️ Increased operational efficiency and a healthier bottom line.

www.monthio.dk LinkedIn Copenhagen, Denmark 11-50 employees
Total raised
$12.5M
Rounds
1
Latest
Series A
Oct 2024

Monthio has raised $12.5M across 1 funding round on record, the most recent a Series A of $12.5M announced in Oct 2024.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Monthio Company Profile and Key Stats

Total funding raised
$12.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$12.5M in Oct 2024
Employees
11-50
reported band
Headquarters
Copenhagen, Denmark

Latest funding round on record: Oct 2024.

Monthio Funding Rounds

Date
Round
Amount
Series A
$12.5M

Monthio Founders and Leadership Team

Name
Role
Contact
Mads Aarup
Founder

No contact details are on record for this team yet.

Monthio Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
371
$3.8M
8,352
$15M

Monthio's latest round of $12.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Monthio in Financial Services and Copenhagen

Companies Similar to Monthio

Monthio Funding FAQs

What does Monthio do?

Monthio is the ultimate solution for creditworthiness assessments. We help leading banks and other loan providers in Nordics digitise the loan approval process, by increasing the speed and accuracy of application approval. We are also live in Spain and Germany, with entrance into France, the Netherlands and Belgium in 2024. Our powerful solution enables financial institutions to adhere to regulations, while continuing to provide a quick and easy service to applicants. Contact us today to hear more about how we can help you with: ➡️ Automating your creditworthiness assessment process ➡️ Providing a seamless user journey for your customers ➡️ A crystal clear overview of your customers' financial situation ➡️ Increased operational efficiency and a healthier bottom line.

How much funding has Monthio raised?

Monthio has raised $12.5M across 1 round on record. The most recent is a Series A of $12.5M announced in Oct 2024.

When did Monthio last raise funding?

Monthio's most recent funding round on record is a Series A of $12.5M, announced in Oct 2024.

Who founded Monthio?

FundedIQ lists Mads Aarup (Founder) at Monthio.

Where is Monthio headquartered?

Monthio is based in Copenhagen, Hovedstaden, Denmark.

How many employees does Monthio have?

Monthio is in the 11-50 employee band.

How does Monthio's funding compare to other Financial Services startups?

Monthio's latest round of $12.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Monthio Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Monthio is left off this page rather than filled in.

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