UniCredit EVO

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

UK-based Meniga offers banking infrastructure through application programming interfaces (APIs) for banks to build digital banking solutions. Its infrastructure enables user enterprises to include data and finance management solutions including personal and business finance management as well as cash flow assistance. The infrastructure enables banks to personalize offerings to clients using personal data. In addition to legacy banking services, the infrastructure also offers “Carbon Insights”, which tracks the estimated carbon footprint of individual transactions to help reduce their personal carbon footprint. In March 2021, Iceland-based Íslandsbanki, became the first Nordic bank to implement the Carbon Insights Solution, to its digital banking offering.Key customers and partnerships As of March 2021, the company had 165 banking clients with operations in over 30 countries. In addition to its UK headquarters, Meniga was also present in Reykjavik, Stockholm, Warsaw, Singapore and Barcelona. Funding and financialsIn December 2023, Meniga <a href="https://sp-edge.com/updates/24912">raised EUR 15 million </a>(USD 16.5 million) in Series D funding, to reduce the company’s existing debt and invest in product developments, focusing on advancing core capabilities around Data Enrichment and Hyper Personalized Insights for the financial services sector.

Embedding environmental, social, and corporate governance factors into investments

Sustainable Finance

Meniga is a fintech company that provides a digital banking platform to help banks utilize personal finance data and consumer trends to enhance the digital experience for their customers. The platform offers various solutions, including data aggregation and enrichment technologies, personal and business finance management tools, cashback rewards, and transaction-based carbon insights. Meniga's technology enables banks to engage customers through digital channels, provide personalized insights, and explore new revenue opportunities.
As of December 2023, Meniga's products were being utilized by over 100 million banking customers across 30 countries. The company has made strategic acquisitions to strengthen its offerings, such as acquiring the Swedish rewards platform Wrapp in 2019. Meniga has offices in London, Reykjavik, Stockholm, Warsaw, Barcelona, and Singapore.

Meniga is a digital banking platform that helps banks, businesses, and individuals manage their financial data. Its product offering includes data aggregation, personal and business finance management, cashback rewards, and transaction-based carbon insights. They are a team of coders, designers, salespeople, and data scientists who get excited about shaping the future of financial technology. They work with complicated solutions that operate across channels, are modular, and customizable for every client. If you love big data, predictive models, analytics, operational benchmarking, and getting the job done they’d like to hear from you.

UniCredit, one of the leading European commercial banks, and Anthemis Group, the leading financial services technology venture and advisory firm, established a new joint investment venture. UniCredit evo (equity venture opportunities) is a dedicated initiative focused exclusively on identifying and investing in best-in-class financial technology startups.

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