We are delighted to announce our investment in Montonio, a leading fintech platform simplifying the checkout experience for SMBs across Europe, to support their continued growth and expansion.
Montonio’s end-to-end platform allows businesses to accept local and international payments, offer financing and handle the entire post-checkout experience from shipping to returns and refunds.
Founded in 2018, the company has grown rapidly, establishing itself as a key player in the European fintech landscape. With a team of over sixty people, Montonio operates across the Baltic countries and Poland and is now partnering with over 7,000 merchants to deliver seamless, end-to-end checkout services that drive growth.
Montonio was ranked 7th on Sifted’s 30 Fastest-Growing Startups in Eastern Europe & Baltics, and 68th on Sifted’s 250 Fastest-Growing European Startups in 2024.
Johan Nord, CEO of Montonio comments: “We’re excited to partner with Claret as we expand our product offering and rapidly increase merchant adoption across the Baltics and Poland.”
Daniel Mallon, Principal at Claret Capital Partners said: “We’re thrilled to welcome Montonio to the Claret portfolio and have been very impressed to date by their ability to offer a cost-effective suite of checkout services for the underserved SMB market.”
Claret Capital Partners has a strong track record of supporting innovative fintech companies across Europe, with previous investments including PPRO and TIS.