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Paris-based Monisnap raises €10m to boost its money transfer services for ‘unbanked’ communities

France based remittance provider for "unbanked" communitied raised €10m in Series A funding led by Serena.

“We are delighted to welcome Serena and we thank our historical investors for their renewed support. This fundraising will allow us to pursue Monisnap’s goal: create the easiest and the most secured money transfer service for diasporas while ensuring the lowest costs. This new funding will help us strengthen our existing solutions and bring our services to millions of additional customers worldwide, thus promoting financial inclusion in many countries.”

Tags

remittances, b2b, france