Momnt

Overview
News
FinTech Infrastructure?
Product stageSegments
Early
?
Lending-as-a-service (LaaS)
?

Momnt, formerly known as Artis Technologies, offers a lending infrastructure platform for merchants to connect their customers with financial institutions (FIs) to obtain point-of-need, real-time financing. In addition to connecting customers through APIs, the platform also leverages alternative data sources and ML/AI decision-making to offer borrowers financing solutions. The merchant continues to serve as the face of financing for the customers. 

Momnt primarily targets higher-cost products and services, making it suitable for merchants in industries such as home improvement, plumbing, manufacturing, healthcare, and auto repair. 

The company offers two main lending products, targeting merchants and FIs. The solution for merchants is a full-stack platform to manage the complete lending process, from application to financing, once end customers apply for financing. Momnt claims its decisions remain unbiased by assigning a participating FI only once the customer has accepted the loan offer. The solution for FIs is a white label solution to offer downstream credit through their existing small and medium-sized business clients.  

Key customers and partnerships

The company maintains several partnerships. Drummond Community Bank used Momnt’s platform in January 2021 to connect its home improvement consumer loan customers with affordable financing options. The company also paired with the payment and commerce technology provider Paya in October 2020 to integrate Paya’s payments technology with both of Momnt’s platforms to allow merchants to track payments. 

Funding and financials

Momnt raised USD 15 million in funding in September 2023, led by TruStage Ventures, one year after raising USD 9.5 million in funding. The newly raised funds were earmarked for investment in people, processes, and technologies to improve Momnt’s platform. The company also aims to broaden its presence into new verticals and expand geographically and across products.

HQ location:
Atlanta GA USA
Founded year:
2020
Employees:
101-250
IPO status:
Private
Total funding:
USD 33.0 mn
Last Funding:
USD 15.0 mn (Series C; Sep 2023)
Last valuation:
-
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.