Monto LinkedIn · Jul 2026
Company post advertising the benefit set offered on the platform, including payroll advances, loans, gyms, medical consultations, and discounts.
Salary on-demand platform for Latin America
Company research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Monto.mx is the Monterrey-based brand of GRUPO TATEL, S.A.P.I. DE C.V., a Mexican employee-benefits and earned-wage-access platform. It helps employers offer flexible benefits such as salary-on-demand, payroll advances/loans, insurance, wellness, discounts, and other perks through a modular platform integrated with payroll/HR systems.
Primary product
Flexible employee benefits platform with earned wage access (salary on demand)
Founded
2019
Headquarters
Monterrey, Nuevo León, Mexico
Team size
1-10
Industry
Financial Services
Sub-industry
Employee benefits / earned wage access / financial wellness fintech
Offices
Monterrey, Nuevo León, Mexico (HQ)
Avenida Manuel Gómez Morín 2111, Torre Norte Nivel 6, Col. Residencial Chipinque, 1er Sector, San Pedro Garza García, Nuevo León, México, C.P. 66297
Business model
B2B SaaS
B2B2C employer benefits platform
usage-based / per-module pricing
payroll-deduction financing
Funding
Stage
seed
Total raised
$1.9M
Latest round
Seed · Dec 2021
Latest amount
$1M
Dec 2021 · Good Water Cap
Y Combinator participation / pre-seed
Aug 2021 · Y Combinator
$750K
People & investors
Leadership
Andres Quintanilla
Founder & CEO
Co-founder & CTO
Karina Espinosa
Directora de marketing
Raquel Gallardo
Directora de finanzas
Work & culture
Mission-driven around reducing financial stress and improving employee quality of life; emphasizes flexible, configurable benefits, payroll integration, fast implementation, and employer support via WhatsApp, app, email, and web.
Compensation
No public employee salary bands or compensation policy were found. Public pricing is employer-funded and modular; some employee-facing financial modules may charge small commissions or interest.
Benefits
Salary on demand / earned wage access
Payroll advances
Payroll loans
Virtual medical consultations
Medical, life, auto, and home insurance
Discounts and promotions
Flexible installment shopping / store benefits
Gasoline and grocery support
Recognition and incentive programs
Wellness webinars and programs
Financial education
Product & market
Pricing
Flexible employer pricing: pay only for selected modules and the employees granted access; no company setup cost is advertised, with a 12-month minimum contract typically required and some employee-facing modules charging small commissions or interest.
Differentiators
- —No cost to the employer
- —Modular, configurable benefits by role/location/seniority
- —Integrates with payroll and HR systems
- —Can operate with or without a technical integration
- —Broad benefit catalog across finance, health, insurance, wellness, and discounts
- —Fast implementation in days
- —Designed for companies of any size or industry
Technology
Ruby on Rails
PostgreSQL
Kubernetes
Docker
Slack
GitHub
RDS
Persona
Continua
Google Analytics
Customers
Hubble
Envia.com
Ibero
Sora
Pide Directo
Hospital CIMA Hermosillo
SIMCO
Crediclub
Papalote Museo del Niño
Cormac Industrial
Alpek
Universidad de Monterrey (UDEM)
Competitors
Minu
Castor
Workday
Gusto
Intuit
Scale & contact
Estimated revenue
about $4.4M/year (estimate)
Estimated monthly visits
1.6K
Traffic estimate as of Jul 2026
Latest news
Axented · Jun 2026
Client case study says Monto scaled from MVP work in 2021 to 10,000+ employees on the platform and 10+ enterprise clients.
Monto LinkedIn · Apr 2026
Official company post claiming most customers improved competitiveness and talent attraction after using Monto’s benefits platform.
Forbes Eventos · Mar 2026
Forbes Mexico’s Monterrey economics forum listed Karina Derbez as CTO at Monto and described her as a co-founder helping shape innovation and financial wellness conversations in Mexico.
BloombergLinea · Dec 2021
BloombergLinea reported Monto closed a $1M seed round led by Good Water Cap, adding to prior pre-seed and YC funding, and named early customers such as Alpek and UDEM.
Jobs and careers at Monto
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