
Monavate, Baanx, Mastercard, and MetaMask are bringing real-time USDC spending to Canada. This eliminates preloading or off-ramping, allowing users to pay with on-chain USDC via physical and virtual Mastercards in-store and online. This expansion follows launches in LATAM, the UK, and the EU.
July 5, 2025
News
Cambridge, UK — 3 July 2025
We’re proud to announce that Monavate has been officially ranked #41 in the inaugural Business Leader Growth 500 — a definitive list of the UK’s 500 fastest-growing private companies.
Curated by Business Leader and independently verified by Rob Watts, the analyst behind The Sunday Times Rich List, the Growth 500 celebrates ambitious businesses driving meaningful economic growth across the UK. There are no applications and no pay-to-play entry fees. Just hard data, real results, and relentless momentum.
To land at #41 out of thousands of contenders is both humbling and energising.
“Being named to the Growth 500 — and ranking #41 — is a signal that we’re not just moving fast, but moving in the right direction,” said Kurt Schröder, CMO at Monavate. “It’s validation of the work we’re doing to enable the future of payments for fintechs, Web3 builders, and B2B platforms — and a salute to the impact our team delivers every day.”
A Community of Growth Leaders
The Growth 500 is more than a corporate listicle — it’s a growing community of leaders building the next generation of British business. We were honoured to be invited to the Growth 500 celebration on 2 July at Sky Garden in London, alongside fellow high-growth companies, inspirational founders, and bold thinkers shaping the economic future of the UK.
“The UK’s fastest-growing companies have lessons for us all but diversity of enterprise and raw ambition are the most striking features of our Growth 500,” Robert Watts, Compiler of the Growth 500 and The Sunday Times Rich List.
Why It Matters
We believe recognition like this is about more than numbers. It’s about momentum, clarity, and the kind of business we’re building:
To be recognised as one of the UK’s fastest-growing private companies — while staying true to our values — is a moment worth celebrating.
But as always, the focus is forward.
About Monavate
Monavate is the infrastructure layer powering the future of payments. Our modular, API-first platform enables clients to launch and scale card and embedded finance programmes with speed and confidence — from BIN sponsorship and issuing to stablecoin settlement and on-chain spend. We support clients across the UK, EMEA, and beyond.
About Business Leader Growth 500
The Growth 500 celebrates the 500 fastest-growing private companies in the UK. Companies are selected based on verified revenue growth data from Companies House and other public filings. There are no applications and no pay-to-play opportunities. The final list reflects real growth and real impact — and showcases the entrepreneurs and businesses leading the UK’s economic future. Learn more at https://issuu.com/businessleadermagazine/docs/business_leader_june_2025