# Monotto

**Source:** https://www.startuphub.ai/startups/monotto
**Profile type:** Startup

## About

Monotto developed a white-label software solution for banks and credit unions to help them engage millennial customers with automated savings tools. The platform uses AI to analyze financial history and spending patterns to determine optimal savings amounts, making saving less frustrating and more engaging for users. This helps financial institutions reduce customer churn and build stronger relationships.

## Key facts

- **Slug:** monotto
- **Website:** https://stratfordperthpride.com
- **Founded:** 2015-01-01
- **Operating status:** Active
- **Total funding:** $60K

## Frequently asked

### What does Monotto do?

Monotto developed a white-label software solution for banks and credit unions to help them engage millennial customers with automated savings tools. The platform uses AI to analyze financial history and spending patterns to determine optimal savings amounts, making saving less frustrating and more engaging for users. This helps financial institutions reduce customer churn and build stronger relationships.

### What is Monotto's valuation?

StartupHub estimates Monotto's effective valuation at $229K (range $150K to $360K, 10% confidence), based on comparable companies in the sector.

### How much funding has Monotto raised?

Monotto has raised a total of $60K in funding. The most recent round on record is Accelerator/Incubator.

### When was Monotto founded?

Monotto was founded in 2015.

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