Monexo
Monexo is an online peer to peer lending marketplace with the goal of providing superior customer experience.
Business Model: B2B
Revenue: $1M
Employees: 11-50
Rankings
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Detailed Monexo Information
Geographic Data
Address: 174/2, 26th East Street, Kamaraj Nagar
City: Chennai
State: tamil nadu
Zip: 600041
Country: IN
Financial Info
Stage:
seed
Raised Last:
$500k
Raised Total:$500k
Social
Metrics
4,083,087Website Global Rank
2,627Website Monthly Traffic
Twitter Followers
Description
Monexo is an online peer to peer lending marketplace with the goal of providing superior customer experience and removing the friction in the borrowing process with the use of robust technology. Monexo operates as an online, peer-to-peer lending marketplace for small businesses and their employees. The platform originates borrowers and lenders through both online and offline sales, and marketing channels. It uses its proprietary screening system to review borrowers on various financial and non-financial parameters and provides them with loan offers. When a borrower agrees to a loan offer, it is listed in the marketplace for lenders to view and fund them. It allows borrowers to receive up to 48 months of future rental income and subsequently assign the rental income to their lenders. Launched in 2014, Monexo is operated from Hong Kong, China.
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| Announced Date | Company | Transaction | Money Raised |
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| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2014 | Seed Round | 1 | $500k |
Cyberport Hong Kong Cyberport Hong Kong |
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