MONEI Company Profile

Background

Overview

MONEI is a fintech company founded in 2015 by Alexandre Saiz Verdaguer, headquartered in Málaga, Spain. The company specializes in providing a comprehensive digital payment platform that enables businesses to accept a wide array of payment methods, including local and alternative options such as Bizum, Apple Pay, and Google Pay.

Mission and Vision

MONEI's mission is to simplify electronic payments for businesses by offering an integrated system that supports a diverse range of payment methods. The company's vision is to empower merchants across Southern Europe and beyond by streamlining payment processes and enhancing transaction efficiency.

Industry Significance

As a regulated payment institution under the supervision of Banco de España, MONEI plays a pivotal role in the European fintech landscape. Its innovative solutions contribute to the evolution of digital payments, fostering greater financial inclusion and supporting the growth of businesses through seamless payment experiences.

Key Strategic Focus

Core Objectives

Comprehensive Payment Solutions: Offer a unified platform that integrates various payment methods, catering to both online and in-person transactions.

Market Expansion: Extend services beyond Spain to other European countries and Latin America, enhancing the company's international presence.

Technological Innovation: Continuously develop and implement advanced technologies to improve payment processing efficiency and security.

Areas of Specialization

Omnichannel Payments: Facilitate seamless transactions across multiple channels, including e-commerce platforms and physical retail environments.

Alternative Payment Methods: Support local and alternative payment options, such as Bizum, to cater to diverse customer preferences.

Payment Orchestration: Implement smart routing and dynamic pricing to optimize transaction success rates and cost-effectiveness.

Key Technologies Utilized

Serverless Architecture: Utilize a serverless system that won Amazon’s AWS Startup Architecture of the Year Program (Iberia region), enabling scalable and efficient payment processing.

3D Secure 2.0: Enhance transaction security by implementing advanced authentication protocols.

PCI DSS Level 1 Compliance: Ensure adherence to the highest security standards for payment data protection.

Primary Markets Targeted

Southern Europe: Focus on Spain, with plans for expansion into other European markets.

Latin America: Explore opportunities to introduce services in Latin American countries, leveraging the growing digital payment adoption in the region.

Financials and Funding

Funding History

As of December 2025, MONEI has not publicly disclosed any external funding rounds. The company has achieved significant revenue growth, reaching $2.1 million in 2025 with a team of 19 employees.

Utilization of Capital

The company has focused on expanding its technological infrastructure, enhancing product offerings, and preparing for international market expansion. Investments have been directed towards research and development, strategic partnerships, and scaling operations to support growth objectives.

Pipeline Development

Key Initiatives

Digital Euro Infrastructure Testing: Selected by the European Central Bank to participate in the Pioneer Workstream for the digital euro, conducting pilot tests to explore the integration of central bank digital currencies.

Stablecoin Development: Successfully tested EURM, a stablecoin pegged to the euro, in the Banco de España's regulatory sandbox, aiming to offer programmable money solutions for businesses.

Anticipated Milestones

Digital Euro Integration: Completion of pilot tests and potential integration of digital euro capabilities into MONEI's payment platform.

Stablecoin Launch: Pursuit of an electronic money institution license under the MiCA regulation to issue EURM, with a projected timeline of one to three years for regulatory approval.

Technological Platform and Innovation

Proprietary Technologies

Serverless Payment Processing: A scalable and efficient payment processing system that won Amazon’s AWS Startup Architecture of the Year Program (Iberia region).

Dynamic Billing Model: A pricing strategy where transaction fees decrease in real-time as sales volume increases, benefiting merchants with higher sales.

Significant Scientific Methods

Payments Orchestration: Utilize smart routing and dynamic pricing to optimize transaction success rates and cost-effectiveness.

3D Secure 2.0 Authentication: Implement advanced authentication protocols to enhance transaction security.

Leadership Team

Alexandre Saiz Verdaguer: Founder and CEO of MONEI, with over a decade of experience in the payments industry. He has been instrumental in developing partnerships, overseeing product development, and driving payment innovation.

Dmitriy Nevzorov: Chief Technology Officer (CTO), responsible for leading the technological development and innovation strategies at MONEI.

Competitor Profile

Market Insights and Dynamics

The digital payment industry is experiencing rapid growth, driven by increasing e-commerce adoption and the need for secure, efficient payment solutions. Key trends include the rise of alternative payment methods, the integration of digital currencies, and the emphasis on payment security and compliance.

Competitor Analysis

Adyen: A global payment company offering a comprehensive payment platform with a wide range of payment methods and services.

Stripe: A technology company that builds economic infrastructure for the internet, providing payment processing solutions for online businesses.

PayPal: A multinational financial technology company operating an online payments system, offering services for online money transfers and payment processing.

Strategic Collaborations and Partnerships

European Payments Council (EPC): MONEI joined the EPC in January 2025, aiming to influence standardization, stay abreast of regulatory changes, and collaborate with industry peers.

European Central Bank (ECB): Selected to participate in the Pioneer Workstream for the digital euro, conducting pilot tests to explore the integration of central bank digital currencies.

Operational Insights

MONEI differentiates itself by offering a unified platform that integrates various payment methods, including local options like Bizum, catering to the specific needs of the Spanish market. The company's dynamic billing model and focus on security and compliance provide a competitive edge in the payment service provider landscape.

Strategic Opportunities and Future Directions

MONEI is well-positioned to capitalize on the growing demand for digital payment solutions by expanding its services across Europe and Latin America. The development of digital euro infrastructure and stablecoin offerings presents opportunities to lead in innovative payment technologies. Continued focus on security, compliance, and customer-centric solutions will be key to sustaining growth and achieving future objectives.