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Moneco

Neobank for African migrants in Europe

About

Moneco is a neobank targeting the migrant communities in Europe, starting with the African diaspora. We are making banking easier and more affordable for underserved communities, starting with a current account, a payment card and free remittances. The long term vision is to turn Moneco into a one-stop-shop where all of their financial needs will be addressed.

Topics

Location
Paris, France
Team size
15 employees
YC batch
Summer 2022
Status
Active
Stage
Early stage

Financials

Latest fiscal year, from the company’s SEC Form C filing · SEC Form C ↗

Revenue$36.3KPrevious year: $0
Net income−$448K
Employees10
Cash$397K
Total assets$449K
Debt$1.11M

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Questions and answers

What does Moneco do?

Neobank for African migrants in Europe

Where is Moneco based?

Paris, France

How many people work at Moneco?

15 employees, according to the company profile.

Has Moneco raised money?

There are no funding rounds for Moneco in our data.

What are the alternatives to Moneco?

Similar startups: Finary.com, Kapital Bank, and Aspire.