Monite's competitive framing centers on the build-versus-buy decision facing large B2B platforms. Maryasin argued that building comparable accounts payable and invoicing infrastructure in house costs millions of dollars and significant time, which he cited as the primary reason platforms choose to partner with Monite rather than staff their own product teams.
Maryasin referenced QuickBooks as a market benchmark for payment processing rates, noting that QuickBooks charges approximately 3 percent per payment, the figure Monite's partners use as the basis for their own end-user pricing. This figure was stated by Maryasin as a market reference point, not as a QuickBooks-confirmed figure. He also referenced the broader category of invoicing and accounts payable providers, stating that any such provider that has built a comparable solution has raised at least tens of millions of dollars to do so, though no specific rival was named with a confirmed funding figure. These characterizations reflect Maryasin's own framing and are not independently verified figures for any named competitor.