Halfway through 2025: The Quiet Infrastructure Behind Big Wins in the Market

Monavate is already live in the UK and EU, and is now expanding into Canada, LATAM, and MENA. But that’s just the starting line.

Halfway through 2025: The Quiet Infrastructure Behind Big Wins in the Market

As we pass the halfway mark of 2025, it’s tempting to let the pace blur the progress. But we want to take a quick breath and look back… We’ve moved some mountains (and millions) in just six months. And we’ve done it the Monavate way: quietly, effectively, and unapologetically on our terms.

We’ve been named one of the UK’s fastest-growing private companies—ranking in the Growth Index 2025 (#3), Business Leader Growth 500 (#41), and the FEBE Growth 100 Watchlist. Not bad for a team that’s still only 50 folks strong.

We also had a little fun with the industry along the way—our tongue-in-cheek BAAA Awards campaign (Buy Any Awards Association) caught the eye at Money20/20, poking light fun at the fintech echo chamber while spotlighting the importance of acknowledging all innovators, not just those with the budgets for a PR spin.

Will we bring it back? Time will tell. The sheep are currently resting.

Powering the Future of Payments: On-Chain and off

While it’s been a long time coming, the market is now really beating the drum on crypto and digital assets meeting the real world, and we are proud to be enabling it.

One of our proudest moments so far? Powering the on-chain, stablecoin-settled card programme in collaboration with MetaMask, Baanx, and Mastercard. A single tap triggers a seamless blockchain transaction, with USDC settling in real time.

No preloading. No delays. No drama.

Now, while we don’t expect everyone to start buying lattes with their bitcoin (because, holy moly, that asset price is surging!), this evolution in capability is a significant milestone for the payments industry at large. Digital assets and the real world are no longer living in separate silos. Our platform, MonavateOne, enables the issuance, compliance, stablecoin settlement rails, and real-time processing. 

We quietly connected Ethereum to Mastercard’s global acceptance network, creating a payment platform that enabled our partners to shine.

This programme is now expanding to Canada following earlier launches in the UK, EU, and LATAM. More markets coming soon.

Numbers That Matter

At the last time of measuring, these are the vital signs at Monavate:

  • 6.3 million+ cards issued
  • £6.5 billion+ in processed payments
  • 60+ active programmes across fintech, embedded finance, and Web3
  • Live in 50 countries across Europe, the UK, LATAM, and MENA (more to follow soon)

This is what it looks like when infrastructure becomes a strategic advantage.

And we are damn proud of it.

Team Growth & Global Reach

We’ve also grown to a team of over 50 payment nerds, now spanning the UK, EU, and South Africa. Our Lithuania office is expanding, and we’ve added new hires across tech, commercial, and compliance to meet growing global demand.

We’ve also strengthened our partnerships with new and renewed collaborations with tell.money, areeba, Episode6, baanx, and more. 

Where We’re Going Next

Monavate is already live in the UK and EU, and is now expanding into Canada, LATAM, and MENA. But that’s just the starting line.

In H2, we’ll be laying regulatory groundwork to enter the US, UAE, and select markets across APAC and Africa. These aren’t speculative moves—they’re demand-driven expansions powered by real clients building global programmes and needing infrastructure that scales with them.

With MonavateOne. at the core, our partners can launch in weeks, embed compliance natively, and scale across borders with a single integration. 

What It All Means

For too long, payments infrastructure has been the bottleneck. At Monavate, we’re doing everything we can to flip that on its head. Our platform - and our team of experts - are now the growth engine for clients, accelerating onboarding, enabling stablecoin settlement, all to ensure we are powering the next wave of embedded finance and decentralised commerce.

H1 was acceleration. H2 is scale.

Now, excuse us, we need to get back to work!

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