Neobank for African migrants in Europe
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Moneco is a cross-border neobank for Africans and the African diaspora in Europe, offering EUR and USD accounts, a USDC wallet, a virtual Visa card, transfers via SEPA/ACH/Solana, and migration/settlement support for users moving to or operating in Europe.
Primary product
Cross-border neobank app for Africans and the African diaspora
Founded
2022
Headquarters
Neuilly-sur-Seine, France (99 Avenue Achille Peretti, 92200)
Team size
10-20
Industry
Banking
Sub-industry
Neobank / cross-border payments
Offices
0 jobs at Moneco
Check back later for new openings
Business model
Stage
Seed / early-stage venture
Latest round
Undisclosed funding round · Aug 2025
Latest amount
$3.3M
Aug 2025
Mar 2025 · WeFunder
Visa Inclusive Fintech Accelerator (non-equity assistance)
Nov 2024 · Visa Inclusive Fintech Accelerator
Pre-Seed / Y Combinator Summer 2022
Jul 2022 · Y Combinator
Kima Ventures
Leadership
CEO & Co-founder
Co-founder
Co-founder
Compliance Lead
Investors
Mission-driven, diaspora-first fintech culture with community feedback loops, multilingual support, and a product narrative centered on financial inclusion and migration support.
Compensation
No public salary bands were found. Public hiring posts indicate roles such as Community Builder and Head of Growth (Africa - remote), but they do not disclose pay.
Benefits
Pricing
Fee-based neobank/remittance model; account-opening fees are payable after account creation, and detailed pricing is published in a tariff brochure.
Differentiators
Technology
Customers
Competitors
Estimated revenue
Estimated around $3M ARR (GetLatka, updated 2025-04-10)
Estimated monthly visits
9K
A French legal notice reported Moneco France SAS in liquidation judiciaire in Nanterre on 2026-01-14. Other public product pages still showed the app/company as active, so this appears to concern the French legal entity rather than necessarily the entire product operation.
SourceMyCapital UK · May 2026
Later write-up of Moneco's crowdfunding and service expansion plans.
Signalbase · Aug 2025
Secondary funding coverage reporting that Moneco raised $3.3M to expand its cross-border financial app for Africans in Europe.
Forbes Afrique · Feb 2025
Founder profile highlighting Moneco's mission, history, and diaspora focus.
Kingscrowd · Jan 2025
Crowdfunding coverage noting Moneco's Wefunder raise, 2025 close date, and continued product traction.
RevoluGROUP / syndicated press release · Mar 2024
Press release describing a white-label partnership that powers Moneco's remittance and payment services.