MONYQ raises 300K in funding

ECE Community member Monyq is happy to announce it has secured nearly 300K euro in a second round of seed financing. The investment was made by Minerva, the Monyq management and lead investor Keadyn.

Igor Kluin, founder and ceo of Monyq: “The funds allow Monyq to further prepare and develop our products for the market launch later this year. Going live is our main focus right now and this helps us get there.” To date Monyq has raised around 400K euro (450K USD).

About Monyq –
Monyq wants to free people from outdated banking by offering a new, simple user interface for your money. “Our dream is to bypass banks; to move beyond banking”. The company will launch a debit card and money app later this year.

Monyq was founded by Igor Kluin, who previously founded Qurrent, an innovative renewable energy company, and co-founded De Groene Zaak, a green business lobby group. Kluin runs Monyq together with co-founder Marc van Putten who is the company’s cfo.

Keadyn is a Dutch-based seed/early stage venture investment company that provides hands-on operational involvement via it’s network of functional experts. Keadyn invests solely in tech-based startups. The Keadyn circle consists of experienced and succesful entrepreneurs that bring along a large international network.

Keadyns founder Martijn Don: “We understand what it takes to be a founder and we understand the challenges startup entrepreneurs face. Our key differentiator to other investors is that we add value in all areas to the companies we are part of with hands-on involvement”.

The ECE Community is a vibrant group of entrepreneurial and ambitious minds. It’s made up out of startups, Erasmus alumni, entrepreneurs, professionals, and many others who share a common entrepreneurial spirit. These people meet to share ideas, network, learn, and inspire.  Want to join the community? Check out the website.

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