Monto, an Israeli payments and fintech company, has secured $9 million in seed funding to advance its AI-based platform to streamline B2B payments. The platform integrates with various ERP systems and accounts payable portals to facilitate seamless payment collection, simplifying the payment process and improving cash flow management for enterprise customers. With this new funding, Monto will expand its operations into the U.S. and further develop its technology to reduce manual workload and enhance payment efficiency.
Monto Exits Stealth with $9 Million in Seed Funding to Bring Order to B2B Payments Chaos
