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Status: Active

Mar 5th 2021 - Apr 10th 2021

Monva is a financial technology platform that uses Artificial Intelligence (AI) to revolutionise the price comparison experience and personalise customer offers. It argues that only 38% of people in the UK trust Price Comparison Websites (PCWs) with the majority being wary of such entities. Monva aims to change that. Its AI Chatbot ‘Mo’ helps customers save time by suggesting search queries, highlighting key information to assist in making switching decisions, and providing alerts to new automated offers. The company has raised £625,000 in 2020 from DBW, Angels and crowdfunding sites. It was also overfunded by >200%. It aims to become a contender in the price comparison market valued at £2.8 billion. It will use the investment to continue building its smart comparison technology, secure commercial partnerships, and grow its marketing activity.

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  • £451,905
    pledged
  • 225%
    of goal

    £200,000
    target

    £2,601,120
    pre-money valuation

    7.14%
    equity available

    601
    investors

    £752
    pledge per investor

    11438852
    company number

    Active
    company status

    28/06/2018
    incorporated 3 years

    £1.11
    share price


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  • £451,905
    pledged
  • 225%
    of goal

    £200,000
    target

    £2,601,120
    pre-money valuation

    7.14%
    equity available

    601
    investors

    £752
    pledge per investor

    11438852
    company number

    Active
    company status

    28/06/2018
    incorporated 3 years

    £1.11
    share price

  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

  • The Guardian
  • Financial Times
  • Yahoo! Finance
  • The Times
  • The Daily Telegraph