84
Growth Score
pts
Heat Score
3 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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186068
Monk is a platform aiming to provide financial security by enabling social circles to save, borrow and lend together.
About the Company
Monk is platform that provides financial security by enabling social circles to save, borrow and lend together. By saving together as a group, our users can leverage the power of his/her social networks to create a layer of financial security during times of need, as well as having a channel of liquidity to seize opportunities and eventually
achieve financial independence.
Monk actually mimics a very popular offline financing model that thrived in many different cultures for decades. It’s known as the “Hui” in Chinese, “Susu” in African, “Tandas” in Mexican, “Tanomoshi” in Japanese and etc.
On average, our users receive 3% yield on their savings and pay 3% APR on loans backed by his/her private group.
Monk is currently live in the app store.
