MONET is a FinOps platform that centralizes contract management, invoicing, and client approvals while providing on-demand financing and global payment solutions for media agencies. This platform addresses cash flow issues by enabling instant payouts for talent and vendors, ensuring campaigns remain on track and within budget.
Funding
$730K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Media agencies often face challenges in managing complex campaigns, including coordinating talent and vendors, securing client approvals, and handling invoicing. These inefficiencies can lead to delays in payments, cash flow issues, and difficulties in keeping campaigns on track and within budget.
Solution
MONET is a FinOps platform designed to streamline campaign management for media agencies by centralizing contract management, invoicing, and client approvals. The platform provides on-demand financing solutions, enabling agencies to access working capital and offer instant payouts to talent and vendors. By facilitating faster payments and efficient financial management, MONET helps agencies maintain campaign momentum, improve cash flow, and unlock new revenue streams through fee sharing on expedited payments.
Target Audience
MONET primarily serves media agencies, advertising firms, talent management companies, and film/television production houses seeking to streamline campaign finances and improve cash flow.
Features
- Centralized platform for managing contracts, invoices, and client approvals.
- On-demand financing for campaigns, providing access to up to £3m in working capital.
- EarlyPay feature for instant payouts to creators, vendors, and other talent globally.
- Global payment solutions, enabling agencies to pay talent and vendors worldwide.
- Fee customization, allowing agencies to pass on fees or add their own for faster payments.
- Campaign tracking tools to monitor tasks, deadlines, and milestones.
- Integration with accounting software for automated invoice syncing and vendor payments.
- Virtual corporate credit cards with spend and category controls for expense management.