Saving in the age of digitization – that’s why the “Monkee” app was developed by the Tyrolean founders Martin Granig, Christian Schneider and Jean-Yves Bitterlich. The so-called “FinTech” has since received an investment for further growth of 1.5 million euros from the European Super Angels Club, the startup Wise Guys, the business angel Zaid Al-Aifari and its existing investors. In addition, “Monkee” received a six-figure grant from the Research Promotion Agency FFG.
“The financing secures the technical development, so that the amount from the investment round flows into our own growth and that of our partners,” the directors say happily. “Monkee” is currently working with Visa and Qenta to launch a payment card that can be used to collect financial contributions for retail savings goals.
Smart Money Payment Card “next big step”
“The Smart Money Payment Card is our next big step in scaling our business model. Despite Corona, stationary trading is still a big part of our monthly purchases, and the payment card we developed together with Visa and the Austrian Qenta is our answer to many questions from our users,” explains Schneider.
By the way: according to the founders, users could save more than 150 million euros by using the app.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
