A fresh $2.5M Seed round has landed for Monit, the Boston-based financial intelligence platform aiming to help banks and credit unions better serve their small and medium-sized business clients.
Built by former bankers, Monit's award-winning platform provides embedded ‘digital CFO’ tools like cashflow forecasting and industry benchmarking for SMBs, alongside enhanced analytics and targeting capabilities for financial institutions' own teams. The investment round included TTV Capital, JAM FINTOP, Runway Venture Partners, Correlation Ventures, and bank partners.
