Monaco revenue hit $72.1M in 2024

Monaco generates revenue from customers

Monaco

Hong Kong, Hong Kong

About Company Revenue

How Monaco hit $72.1M revenue with a 462 person team in 2023.

Monaco Technology GmbH embarked on a mission to make cryptocurrency accessible to everyone, positioning itself as a pioneering payments and cryptocurrency platform. Their innovative offering, the Monaco Visa card, coupled with a user-friendly mobile app, caters to the dynamic needs of modern consumers. This platform empowers users to buy, exchange, and spend both fiat money and cryptocurrencies, including popular options like bitcoin and ether. A standout feature is the ability to conduct transactions at perfect interbank exchange rates, significantly benefiting the user. Established in June 2016, Monaco quickly distinguished itself in the fintech landscape. The company managed to raise US$26.7 million, marking its Token Sale event as one of the most successful to date. Although originally headquartered in Switzerland, Monaco has expanded its presence with offices strategically located in Hong Kong and Singapore. This expansion underscores the company's commitment to global accessibility and service excellence in the digital currency realm. For individuals interested in exploring what Monaco has to offer, more detailed information is available on their website, which has been updated to www.crypto.com, reflecting their broadened vision and services beyond the original Monaco product. This change is part of their effort to better encapsulate the wide range of financial services they provide within the cryptocurrency space. The Monaco Visa card, a critical component of their offering, is available for reservation through the Monaco app. This app is designed to cater to both iOS and Android users, ensuring a wide range of smartphone users can access their services seamlessly. Through this app, users can manage their finances, monitor transactions, and enjoy the benefits of the Monaco ecosystem with ease and convenience. In summary, Monaco Technology GmbH has established itself as a forward-thinking player in the cryptocurrency and fintech sectors, continuously striving to innovate and improve the way people manage, spend, and invest in digital currencies.

Founded

2016

Founded

Revenue

$72.1M

2023 Revenue

YOY

-----

YOY

Funding

$0

Funding

Monaco Revenue

In 2023, Monaco revenue run rate hit $72.1M in revenue.

  • 2023

    Monaco hit $72.1M in revenue in 2023

  • 2016

    Monaco launched in 2016 with $0 revenue

Monaco Funding History


No funding has been reported for Monaco yet.

Team

Monaco has 462 total employees.

DISTRIBUTION QTY
Total team size 462

Customers

Churn

Monaco Employees

Frequently Asked Questions about Monaco

  • When was Monaco founded?

    Monaco was founded in 2016.

  • How much revenue does Monaco generate?

    Monaco generates $72.1M in revenue.

  • How much funding does Monaco have?

    Monaco raised $0.

  • How many employees does Monaco have?

    Monaco has 462 employees.

  • Where is Monaco headquarters?

    Monaco is headquartered at Hong Kong, Hong Kong

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