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Monthio provides open banking tools for creditworthiness and financial data assessment.
Monthio provides banks, lenders, and other financial institutions with tools for income and expense verification, risk analysis, debt insights, and credit decisions using real-time financial data. Founded in 2018 by Mads Aarup Pedersen, the company is based in Copenhagen, Denmark, and raised DKK 85 million in Series A funding in October 2024 from North Ventures Aps and Hamar, with participation from Export and Investment Fund of Denmark.
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