It takes an exceptional team to build foundations for others to scale on. That team works at Monavate.
Monavate is one regulated payments platform enabling ambitious companies to issue, move and settle money globally at scale. Principal member of Mastercard, Visa and Discover. Founded in Cambridge in 2020, now part of Exodus Movement, Inc.
Built for a more complex payments world.
Monavate was founded in Cambridge in 2020 to remove a trade-off the industry had come to accept. Payments had evolved but the infrastructure behind them had not, forcing organisations to choose between speed and control, innovation and compliance.
We build regulated infrastructure that lets companies launch, operate and scale complex payment programmes, from card issuance to Web3 settlement, without giving up governance, transparency or regulatory confidence.
Our Team Today.
Monavate is built by a growing team of payments infrastructure experts — brought together to deliver the regulatory strength, operational precision, and innovation required to build the future of payments.
Milestones and Achievements.
Powered.
Powered Globally.
Designed for scrutiny.
Monavate operates under a regulated UK and EEA framework, with compliance embedded rather than added later and risk actively managed, not deferred.
- UK and EEA regulatory coverage
- Principal scheme memberships with Mastercard, Visa and Discover
- PCI DSS and ISO 27001 certified environments
- Ongoing compliance, monitoring and oversight
Trust is not claimed. It is demonstrated through consistent operation.
Strategic Evolution.
UAB Monavate is a company incorporated in Lithuania under Legal Entity Code: 305628001 with registered offices at Konstitucijos av. 21A, Vilnius, LT-08130, Lithuania. UAB Monavate is authorised and regulated by the Bank of Lithuania under Authorisation Code: LB002139
The money held in your Card Account is not protected by the Financial Services Compensation Scheme (FSCS). This means that, unlike a bank account, your funds are not covered by a statutory compensation scheme if Monavate were to fail. Instead, we protect your funds in accordance with the Electronic Money Regulations 2011. These regulations require us to safeguard customer funds by:
i. keeping them separate from Monavate’s own money; and
ii. holding them in designated safeguarding accounts with authorised credit institutions, or otherwise protecting them in a manner permitted by law.
Safeguarding is designed to ensure that your funds are protected and prioritised if Monavate were to become insolvent. In such circumstances, safeguarded funds should not be available to Monavate’s creditors and are intended to be returned to customers, subject to the insolvency process.While safeguarding is not the same as FSCS protection, it is a regulatory mechanism specifically designed for electronic money accounts to help keep customer funds safe.