MonetaGo provides a Digital Public Infrastructure platform that prevents fraud in global trade finance, helping banks and fintechs de‑risk transactions, expand SME access to financing, and improve VAT collection.
Funding
Funding not disclosed
Founders
Product
Problem
Trade finance transactions are vulnerable to duplicate financing and invoice fraud, which leads to significant financial losses and limits banks’ ability to extend credit to SMEs. The lack of a standardized, real‑time verification mechanism makes it difficult for institutions to trust trade documents across borders.
Solution
MonetaGo offers a Digital Public Infrastructure platform that provides interoperable, standards‑based fraud prevention for global trade finance. Its Secure Financing service creates a shared registry of trade documents, enabling real‑time validation and duplicate‑financing detection via Swift API integration. The platform leverages confidential computing and cloud‑based analytics to compare data securely without exposing sensitive information. By delivering instant decisioning, the solution reduces fraud losses, lowers compliance costs, and expands financing opportunities for underserved SMEs. Institutions can integrate the service with existing trade finance systems with minimal disruption, benefiting from a globally recognized, third‑party verification layer.
Target Audience
Primary customers are banks, fintech lenders, and trade finance platforms that originate or service invoice‑based financing, particularly those seeking to extend credit to SMEs and reduce fraud risk.
Features
- Secure Financing registry that fingerprints invoices, purchase orders, warehouse receipts, and bills of lading to prevent duplicate financing
- Real‑time decisioning through Swift Global API Gateway, enabling instant fraud checks across domestic and cross‑border transactions
- Confidential computing on Google Cloud to allow secure, anonymous data comparison while preserving privacy
- Standards‑based, market‑agnostic APIs that integrate with existing trade finance platforms with minimal impact
- Interoperable architecture supporting multiple document types and high‑volume processing for millions of records
- Audit‑ready logging and compliance reporting to satisfy regulatory requirements