This partnership brings together areeba’s cutting-edge payment technology and Monavate’s regulatory and operational expertise, enabling a faster, more scalable approach to digital card issuance and payment innovation.
As regulatory environments across Europe become increasingly supportive of fintech growth, the demand for modern, agile payment services is on the rise. This collaboration addresses those demands by offering a compliant, ready-to-launch CaaS infrastructure tailored to the needs of fintechs, banks, and digital businesses.
Maher Mikati, CEO of areeba, emphasized the significance of the alliance: “Europe’s fintech sector is on track to exceed €200 billion by the end of 2025, with annual growth projected between 15% and 18%. The region’s robust regulatory landscape continues to drive innovation in areas like digital banking, blockchain, and payments. Partnering with Monavate allows us to bring our next-generation payment solutions to market more efficiently, empowering businesses to scale and innovate.”
Michael Rolph, CEO of Monavate added: “Our mission has always been to make payments smarter, simpler, and more scalable for the businesses that rely on them. Partnering with areeba allows us to do just that—combining our regulatory and go-to-market expertise across Europe with their powerful platform and infrastructure. Together, we’re removing friction for fintechs and future-focused financial services, and accelerating the deployment of next-gen card programmes across the region.”
Together, Monavate and areeba are positioned to transform how fintechs across Europe and the UK access and deploy card services—paving the way for the next generation of digital payment experiences.
About areeba
areeba is a global leader in payment infrastructure, empowering banks, non-banks, and fintechs with innovative, scalable, and secure payment solutions. Its comprehensive platform simplifies how individuals and businesses make and accept payments, offering seamless services across the entire payment value chain.
A fully integrated ecosystem ensures flexibility and agility in a rapidly changing market, delivering accessible and efficient payment options to individuals, SMEs, and enterprises. Trusted by industry leaders, areeba’s technology adapts to any geography, keeping businesses at the forefront of the digital payments landscape.
About Monavate
Monavate is a Cambridge-based fintech company specialising in cutting-edge payment solutions. Committed to bridging the gap between traditional finance and decentralised technologies, Monavate empowers businesses and consumers with seamless, secure, and innovative payment experiences. Regulated in the UK and Europe, Monavate is an FCA-registered e-money institution and a principal member of Mastercard, Visa, and Discover, providing BIN sponsorship for some of the fastest-growing fintech card programmes.
Founded in 2020, Monavate’s track record speaks for itself:
