A bank account that integrates LatAm SMEs' finances and operations.
We offer a corporate bank account that integrates with accounting, tax and payroll systems allowing SMEs owners in LatAm manage their business in just one place.
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Active Founders
Salomon Zarruk Valencia
CEO at Mono
Jose Tomas Lobo
CRO @ Shinkansen.finance | Cofounder @ Mono (W22)
Sebastian Ortiz
CTO at Tpaga (YC S17) and Mono (YC W22)
Juan Camilo Poveda
Co-founder and head of product at Mono 🐒. Former product manager at NuBank.
Selected answers from Mono's original YC application for the W22 Batch
Describe what your company does in 50 characters or less.
Digital banking for SMEs & startups in Latam
How long have each of you been working on this? How much of that has been full-time? Please explain.
Sebastian, Jose Tomas and Salomon have been working on this full-time since August, 2020, and Juan Camilo since September, 2020.
What is your company going to make? Please describe your product and what it does or will do.
In the short-term, Mono is providing a digital bank account for Latam startups and SMEs, that can be opened 100% through WhatsApp in 17 minutes, and that integrates to third-party SaaS (i.e. accounting, payroll, or taxes).
In the long-term, we're building a 'bankingless bank'. This is, a bank that automatizes operational, accounting and financial processes in order to let the entrepreneur focus on their business.