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MonetaGo overview

Industry
Internet Software & Services
Revenue
Headquarters
Employees
40
Founded in
Website
Organization type
Private
Social media
MonetaGo is a financial technology provider, creating and deploying blockchain based networks that provide network participants a common platform to reduce error and fraud, while also synchronizing and enhancing workflows. The company launched live with clients in March 2018, and since then has amassed agreements, contracts and commercial working relationships with SWIFT, Reserve Bank of India, HSBC, Citi, R3, Wipro and many more multinational financial institutions. The Total Addressable Market for their platform and services runs to multibillions of dollars, and they are fast approaching a massive growth inflection point. The Global financial eco-system still currently relies on excel, fax and couriers to manage unnecessarily complex workflows, that also greatly increase the opportunity for error, fraud and inertia - market acceptance of these concerns is ubiquitous, and MonetaGo is prime placed to provide solutions. Further, the company's initial offering leverages worldwide political and regulatory mandates to help bring credit to the underserved micro, small and medium sized business sector, while also allowing banks and lending institutions to extend their books of business in to these markets. The company has grown its business by offering incremental products and platforms to their bank clients in India, Latin America, and will look to extend their reach to EMEA, APAC and the US in the coming years. The company has a multi-product and worldwide opportunity to rapidly evolve the way banks, financial institutions, and regulatory authorities manage their workflows, reduce error and fraud. The Total Addressable Market for the company's initial two products show a path to $300m in gross revenues alone in a handful of years, but when incremental products and asset markets are added there is a clear billion dollar opportunity being unlocked by MonetaGo.
Based in New York, NY, MonetaGo is a small internet company with only 40 employees and an annual revenue of $1.0M.

MonetaGo's mission statement

To make working capital more accessible to the millions of underserved businesses around the world by reducing risk in trade finance.

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1.0/5

MonetaGo employee reviews

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MonetaGo employee reviews

MonetaGo employee reviews
1.0/5

Based on 1 ratings

Work at MonetaGo? Share your experience.
Employee reviews
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1.0
A zippia user wrote a review on Mar 2024
Pros of working at MonetaGo

Good pay for doing not much.

Cons of working at MonetaGo

No business case. No revenues. Incompétent management. Unclear strategy. Useless use case. Company has lots of outstanding bills with no intention to pay. Lost a discrimination lawsuit. It looks like a money laundering scheme.

MonetaGo benefits

Good salary. Fully remote work.

What do you like best about MonetaGo's CEO and the leadership team?

They have no understanding of what they are doing. Nobody gas a professional track record of work in trade finance industry prior to Monetago.

How would you improve MonetaGo's culture?

There is nothing to be done.

How did you prepare for the MonetaGo interview?

No interview preparation. It’s more if the CEO likes you or not. One if the candidates responded to the question « What would you like to do in your next job? » - «  I would like to sit at home doing nothing and collect my pay check » and they still hired him.

How does your compensation at MonetaGo compare to the industry average?

Good hight compensation.

What's the diversity at MonetaGo like?

No diversity. They fired a pregnant lady because did not want to pay for maternity benefits and she sued them and they lost the case.

What brings you the most joy at MonetaGo?

The salary.

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The team at MonetaGo

  • The founders of MonetaGo are Jesse Chenard, Patrick Manasse, Margaux Avedisian and Tad Davis.
  • The key people at MonetaGo are Jesse Chenard, Patrick Manasse and Margaux Avedisian.
Key people
Jesse Chenard
Patrick Manasse
Margaux Avedisian
Tad Davis

MonetaGo salaries

Average MonetaGo salary
$61,496
yearly
$29.57 hourly
Updated March 14, 2024

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MonetaGo financial performance

6.8
Performance score

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Zippia gives an in-depth look into the details of MonetaGo, including salaries, political affiliations, employee data, and more, in order to inform job seekers about MonetaGo. The employee data is based on information from people who have self-reported their past or current employments at MonetaGo. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by MonetaGo. The data presented on this page does not represent the view of MonetaGo and its employees or that of Zippia.

MonetaGo may also be known as or be related to MonetaGo, MonetaGo Inc and Monetago Inc.