Monoova

Investment Highlights

Company Overview

Monoova Limited is a privately held Australian fintech company founded in 2017 and headquartered in North Sydney. Specialising in business-to-business (B2B) digital payments, Monoova offers a comprehensive suite of automated payment solutions, including real-time payments, PayTo, BPAY, Direct Entry, and Enhanced Direct Debit. Its proprietary Automatcher technology enables real-time reconciliation, streamlining receivables and payables for enterprise clients.

Key Metrics

• Estimated Revenue: $21.6 million annually
• Employees: 77
• Ownership: Venture capital-backed
• Recent Activity: Acquired portions of Moneytech’s online payments operations in in July 2022 to expand its financial services footprint

Investors

• 248 Growth Partners
• Colinton Capital Partners
• Perennial Partners (Funds and Trusts)

Strategic Partnerships & Clients Monoova has formed a notable alliance with Guidewire, a global platform for property and casualty (P&C) insurers. This partnership integrates

Monoova’s payment solutions into Guidewire’s BillingCenter, enabling insurance firms across Australia to adopt instant payment options like PayTo and PayID. This collaboration is designed to modernize insurance payment infrastructure and reduce reconciliation delays.

Investment Rationale Monoova is positioned at the forefront of Australia’s digital payment transformation, particularly as the country phases out legacy systems like the Bulk Electronic Clearing System (BECS) by 2030. Its scalable API-driven platform, strong investor backing, and strategic partnerships with enterprise clients in insurance and finance make it a compelling opportunity for investors seeking exposure to next-generation payment infrastructure.

In a financial ecosystem still tethered to legacy infrastructure, Monoova Limited is quietly laying the tracks for Australia’s next-generation payments future. As the Reserve Bank of Australia accelerates the retirement of the Bulk Electronic Clearing System (BECS) by 2030, Monoova is already operating on the rails that will replace it—real-time, API-driven, and reconciliation-ready.

Monoova isn’t just a payments processor. It’s a payments orchestrator. Its flagship platform, Automatcher, enables enterprise clients to automate complex payment workflows, reconcile transactions in real time, and integrate seamlessly with PayTo, PayID, BPAY, and Direct Entry systems. This isn’t incremental innovation—it’s a structural upgrade to how money moves in the Australian economy.

“Enterprise-Grade, Regulator-Ready”
Monoova’s client base includes insurers, lenders, and fintechs who demand compliance, speed, and scale. A standout partnership with Guidewire—serving global P&C insurers—has embedded Monoova’s payment stack into the core of Australia’s insurance billing systems. This is not a pilot. It’s a production-grade deployment with national reach.

“From Niche Fintech to National Infrastructure”
Backed by Colinton Capital Partners, Perennial Partners, and 248 Growth Partners, Monoova has already absorbed Moneytech’s payments division, signaling a strategic appetite for scale. With estimated annual revenues of $21.6 million and a lean team of 77, the company is poised for exponential growth as demand for real-time, data-rich payments surges.

Products & Services