Monak: Financial & life services for migrant workers

Monak simplifies access to essential financial and life services for migrant workers relocating to the Middle East and Africa.

Key dates

Deal live

Now

Live pitch + Q&A

Feb 5, 18:45 (CET)

Deal closes

Feb 28

What they do

Monak is a B2B2C one-stop platform designed for migrant workers and the companies that employ them.
For workers, Monak provides access to Bank accounts & digital wallets, Remittances & micro-financing, Insurance & healthcare services, Everyday services (transport, ticketing, utilities)
For employers, Monak offers Salary & payroll management, Compliance-ready payment flows, Operational efficiency across jurisdictions

Millions of migrant workers arrive every year with limited access to basic financial infrastructure.Monak closes this gap by embedding financial and life services directly into employer workflows—creating a scalable, repeatable distribution model.

Traction snapshot

22 companies onboarded

20 active clients

$8–10K MRR

Recurring subscription & commission revenue

3.5× revenue growth

Strong early momentum

Business model:

B2B2C fintech platform

13M+ migrant workers
Across the Middle East & Africa
$2.5B+ addressable market
Financial services, insurance & employer-led distribution

BSP License obtained (Philippines)
Registered in Oman
Live across KSA, GCC & Asia

Live Pitch + Q&A

Feb 5, 18:45 (CET)

Join the founder session hosted by COREangels MEA (Maha Mandour)

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Get access

Deal is available in the COREangels Syndicate and closes Feb 28 (eligibility applies).

Join Syndicate

Investing involves risk, including loss of capital. This is not investment advice.