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Monkee raised a seven-figure investment and is expanding its reach to over 150,000 account holders through a partnership with Vereinigte Volksbank Raiffeisenbank eG.

Apr 10, 2024over 1 year ago
Innsbruck FintechE Commerce

Investors

Vereinigte Volksbank Raiffeisenbank E G

Description

Monkee, a pioneer in the area of 'Save Now Buy Later,' raised a seven-figure investment and is expanding its reach to over 150,000 account holders through a partnership with Vereinigte Volksbank Raiffeisenbank eG. This infusion of capital, supported by new and existing investors, fuels Monkee's ambitions for further growth and expansion.

Company Information

Company

Monkee

Location

Innsbruck , Austria

About

Monkee has the mission, to help millions of people to achieve their (financial) goals and dreams without building up debt. Monkee helps you to save more money for what's important to you. With the FutureBoost we offer you a completely new alternative to interest rates to let your savings grow: With every purchase at one of our partners you receive financial contributions to your saving goals. Like Cashback, just much better. With our "Save Now Buy Later" approach we aim to offer a responsible alternative to consumer credits and "Buy Now Pay Later".

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers