Latest news with #Monavate
Finextra
08-07-2025
- Business
- Finextra
Monavate expands Episode Six partnership
The Monavate Episode Six partnership has grown to speed up global innovation for the MonavateOne platform. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This partnership makes it easier for Monavate to offer localised card issuing, seamless payments, and infrastructure that can grow with fintechs around the world. As Monavate accelerates its growth beyond the UK and Europe, Episode Six continues to enable its seamless expansion into new geographies without significant technical lift. The expanded partnership supports Monavate's mission to offer clients the flexibility to tailor issuer, processor, and BIN sponsor relationships to their client's product strategy quickly and at scale. 'Our partnership with Episode Six is grounded in shared values and a joint commitment to solving real-world challenges for our clients,' said Scott Lucas, Co-Founder at Monavate. 'This isn't just a technology relationship—it's a collaboration that drives new business opportunities and supports our ability to serve customers globally, especially as demand from sectors like crypto continues to grow.' The Monavate Episode Six partnership has made the MonavateOne platform better for international financial services by making integrations faster and allowing for more use cases. Episode Six's platform provides the foundational infrastructure for MonavateOne., enabling Monavate to bring new offerings to market quickly, maintain compliance, and provide modern alternatives to legacy issuer solutions. By leveraging Episode Six's highly configurable platform–which combines ledger and processing capabilities– Monavate is able to give fintechs the tools to launch and scale card programs with fewer constraints. 'Monavate is one of the most forward-thinking players in the market—and we're proud to be their partner on their journey,' said John Mitchell, CEO and Co-Founder of Episode Six. 'Our teams work as one, focused on building solutions that drive outcomes. As Monavate grows, our role is to make sure nothing stands in the way of that growth.' The partnership highlights the importance of cultural alignment and long-term collaboration in navigating the competitive payments landscape. As Monavate's business continues to expand across new countries and regions, its alignment with Episode Six underscores the importance of strategic fit and future-ready infrastructure. Learn more at By expanding the Monavate Episode Six partnership, Monavate strengthens the MonavateOne platform's role as a powerful engine for global paytech innovation.
The Independent
09-04-2025
- Business
- The Independent
Web3's missing link: how Monavate bridges digital innovation with financial reality
Monavate is a Business Reporter client For all the hype surrounding Web3's promise of decentralised, borderless transactions, there's an inconvenient truth: it still needs traditional financial infrastructure to function. Monavate CEO Michael Rolph isn't just aware of this paradox – he's built a profitable business around solving it. 'Web3 is the future of fintech. But it's not Web3 without fintech, and Monavate puts the fintech in Web3,' says Rolph, articulating the challenge facing the entire digital asset industry. While most fintech startups chase venture capital and burn through cash reserves, Monavate has taken a different approach. The company has quietly built a comprehensive platform that bridges legacy banking, modern fintech and Web3's innovations – all while maintaining that rarest of achievements in the space: profitability. 'Most fintechs either have no business model or a terrible one,' says Rolph. 'They raise money, burn it faster than they can raise the next round and assume they have product-market fit because they talk about it enough. That's not how we operate.' Monavate co-founder and President Scott Lucas, who spent two decades witnessing the inefficiencies of business-to-business payments firsthand, explains the fundamental problem. 'Payments should be simple, fast, and efficient,' he says. 'Instead, we have legacy banking systems that introduce unnecessary friction, slow transfers and increase the risk of fraud.' Monavate's solution? Radical simplification. The company has consolidated what traditionally required six or seven different services onto a single platform: MonavateOne. As a principal member of Visa, Mastercard and Discover, Monavate has positioned itself at the core of the global payments infrastructure. This infrastructure-first approach has led to several industry innovations. 'We made the first-ever in-cloud payment where our customers are in the cloud, we're in the cloud and Mastercard were in the cloud,' Lucas explains. 'We launched MetaMask on Baanx, enabling end-to-end spending in decentralised worlds on the blockchain, and became the first on Visa and Mastercard to facilitate stablecoin settlement.' The impact on businesses has been tangible. 'We've simplified the transactions and the reconciliation, so you no longer need huge backroom teams of people to be able to reconcile this information through the data that we capture,' explains Lucas. By consolidating multiple services onto one platform, Monavate eliminates the manual workarounds traditionally required when businesses work with six or seven different suppliers. The result is faster settlements, better fraud protection and a dramatic reduction in operational complexity. After four years of what Rolph describes as 'maniacal focus', the results speak for themselves. Revenue is doubling year over year, and the company has expanded from its UK origins into Europe, with partners lined up to support in the US for imminent launch and licences pending in Latin America. Plans for Asia, Australasia and the Middle East are on the horizon. 'For the past four years, we've been focused on building reality,' says Rolph. 'Not talking about vision – delivering it. That's why our revenue is doubling year on year. And if we did nothing beyond what we've already built, we know it'll double again.' In an industry where many players promise to revolutionise finance through blockchain technology alone, Monavate's approach stands out. Web3's success depends not on replacing traditional financial infrastructure but on building the bridges that connect old and new. And as Web3 continues to evolve, those bridges aren't just useful, they're essential.
