"Monthio has quickly become a leader in the market with their innovative SaaS platform, which uses artificial intelligence and advanced data analysis to enable banks and other lenders to automate credit assessments with great precision and in accordance with the latest EU regulations," said Jacob Enevoldsen, founding partner at North Ventures.
Monthio's SaaS platform, utilizing AI and advanced data analysis, automates credit assessments with high precision, ensuring fairer lending conditions and improving customer experiences.
The funding comes as new EU regulations make Monthio's automated credit assessment platform increasingly relevant, driving significant growth for the company.
The funds will support Monthio's continued growth and aim to further enhance their capabilities in compliance with EU regulations.
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