Monto Secures $9 Million to Revolutionize B2B Payments

Israeli fintech startup aims to streamline invoicing and payment processes with AI-driven platform, expanding operations to the U.S.

Monto simplifies B2B payments by integrating over 300 payment portals into a single platform.
The platform automates invoicing and payment workflows, reducing manual intervention and errors.
Monto's AI capabilities tailor invoicing to customer requirements, ensuring timely payments and improved cash flow.
The $9 million seed funding, led by Scale Venture Partners, will support U.S. expansion and technology advancement.
Monto has already facilitated nearly $1 billion in payments for clients like Shutterstock and TechTarget.