Recognition highlights Monavate as one of the UK’s fastest-growing founder-led businesses
June 18, 2025
News
Cambridge, UK — 18 June 2025:
Monavate, the infrastructure layer powering the next generation of card programmes and embedded finance solutions, has been named to the prestigious FEBE Growth 100 Watch List for 2025. The list celebrates the UK’s most exciting founder-led businesses, which are making a meaningful impact and achieving rapid progress in their respective industries.
Founded in 2020, Monavate has quickly established itself as a force in fintech, scaling from startup to standout through its modular platform, global regulatory footprint, and a relentless focus on enabling innovation in payments. The company now supports hundreds of clients across the UK, EMEA, and beyond, helping fintechs, Web3 players, and B2B platforms move money smarter.
“Monavate exists to build and enable the future of payments,” said Scott Lucas, Founder and President of Monavate. “From day one, Monavate has set out to remove friction from payments—so our clients can move faster, do more, and build the future they imagine. Being recognised by FEBE is more fuel to keep the fire burning.”
Backed by industry veterans and designed to eliminate the complexity of launching and scaling card programmes, Monavate’s all-in-one platform, MonavateOne, supports everything from BIN sponsorship and issuing to Web3 on-chain spend, stablecoin settlement, and global acquiring.
The FEBE Growth 100 Watch List isn’t just about numbers; it celebrates ambition, bold decisions, and the founders who back themselves. With this recognition, Monavate joins a community of businesses pushing the envelope of what’s possible.
“The Growth 100 and Watch List are a tribute to the founders pushing boundaries, taking risks, and building brilliant businesses against all odds,” said Charlotte Quince, co-founder of FEBEWatch List.
About Monavate
Monavate turns payments into power. We provide the regulatory cover, infrastructure, and expertise to launch and scale card and embedded finance programmes with speed and confidence. From fiat to Web3, our modular, API-first platform powers everything from BIN sponsorship and issuing to stablecoin settlement and
global processing.
About FEBE Growth 100
The FEBE Growth 100 list celebrates the fastest-growing privately owned businesses in the UK where founders remain at the helm. The Watch List recognises rising stars—founder-led companies on a steep upward trajectory. Learn more at www.febe.com.