Driving innovation in lending: Monthio's celebrates 5th anniversary milestone

Five years of innovation

We are thrilled to mark a significant milestone as Monthio turns five years old! Founded in 2018 by Mads Aarup Pedersen, who brought with him deep insights into the credit approval process, Monthio embarked on a mission to revolutionize the lending landscape by combining this knowledge with cutting-edge Open Banking technology. As we reflect on the past five years, we are proud of our accomplishments and grateful for the support of our employees, partners, customers, and investors who have joined us on this transformative journey.

Growth and Expansion:

What started as a single idea has flourished into a thriving organization with a bold ambitions. Today, Monthio boasts a team of 50 talented professionals who have been instrumental in driving our success. Through successful integrations with leading banks and credit providers in the Nordics, Monthio has established itself as a trusted partner in the industry. Our dedication to innovation and excellence has been recognized, as we have been acknowledged as one of the leading providers of Banking Tech and Reg Tech in Europe. Furthermore, our commitment to driving progress in the financial sector has attracted investments from prominent names within the industry.

Looking Ahead:

While we celebrate our achievements thus far, our journey is still only just beginning. Monthio remains committed to its vision of a seamless, digital, and instant loan approval process that supports financial institutions’ ambitions to offer faster, fairer finance. We will continue to push boundaries, leveraging our expertise and technological advancements to deliver transformative solutions to our clients and partners in the Nordics and beyond.