# Monkey

> Monkey is a São Paulo financial-technology company that turns approved invoices and card receivables into a competitive marketplace for working capital. Its software connects large corporate buyers, their suppliers and more than 100 funding institutions; financiers bid to acquire receivables, suppliers can get paid early, and buyers gain a more resilient supply chain without Monkey lending from its own balance sheet.

- **Founded:** 2016
- **Headquarters:** São Paulo, Brazil
- **Founders:** Gustavo Muller Medeiros (Co-founder and CEO), Bruno Oliveira (Co-founder), Felipe Adorno (Co-founder and CTO)
- **Team size:** LinkedIn showed roughly 596 employee profiles in 2026, while its official company-size band was 51-200 employees; Monkey said it had more than 100 employees in 2023.
- **Products:** SupplyPlus, SalesPlus, Spike Whitelabel, SupplyBank, MonkeyApp
- **Notable:** Surpassed R$100 billion in cumulative receivables transactions in 2023., Reported R$200 billion in cumulative volume by June 2026 and set a target of R$100 billion for 2026 alone., Connected more than 100 corporate customers and more than 100 financial institutions by 2024.

## Products & services

- **SupplyPlus** — A supply-chain finance and reverse-factoring platform for corporate accounts payable. Multiple funders bid and the lowest rate wins; suppliers can receive payment early while the buyer pays at the original due date.
- **SalesPlus** — A platform for companies to centralize and sell invoice receivables, automate quotes from multiple funders and obtain same-day working capital using the customer’s credit risk.
- **Spike Whitelabel** — A customizable SaaS platform through which enterprises and financial institutions can offer merchants early payment of card receivables and potentially create a new revenue stream.
- **SupplyBank** — A white-label, API-enabled supply-chain-finance platform that lets a financial institution operate exclusive, multi-buyer and multi-supplier programs under its own rules and branding.
- **MonkeyApp** — A mobile application for enrolled suppliers to view eligible invoices, request early payment and track transaction status.
- **Caco / Cash Control** — A cash-flow management product created for small and midsize companies to automate and improve financial visibility.
- **Duplicatas Monkey** — Infrastructure for Brazil’s digital commercial-invoice regime, covering issuance for sellers, acknowledgement for buyers and registration for financial institutions, with connections to B3, CERC and Núclea.

## Achievements

- Surpassed R$100 billion in cumulative receivables transactions in 2023.
- Reported R$200 billion in cumulative volume by June 2026 and set a target of R$100 billion for 2026 alone.
- Connected more than 100 corporate customers and more than 100 financial institutions by 2024.
- Won Best Use of Technology for a Working Capital Project with Suzano at the 2025 Working Capital & Supply Chain Finance Awards.
- Named among 100 Startups to Watch in 2018/2019 and again in 2023, according to the company’s timeline.
- Expanded operations or offices to Chile, Mexico and the United States.
- Built simultaneous integrations with B3, CERC and Núclea for Brazil’s digital-duplicata ecosystem.

## Latest updates

- **2026-07** — Monkey began registering companies for the assisted-production phase of Brazil’s digital duplicata system and said it was connected to B3, CERC and Núclea.
- **2026-06** — The company said cumulative platform volume had reached R$200 billion and projected R$100 billion of transactions during 2026.
- **2025-12** — Monkey and Suzano won Best Use of Technology for a Working Capital Project at the 2025 Working Capital & Supply Chain Finance Awards.
- **2024-07** — Monkey raised R$67 million in Series B funding led by L4 Venture Builder and DEG, with Kinea and Quona participating.
- **2024-05** — Monkey detailed an international push into the United States, Mexico and Chile; CEO Gustavo Muller relocated to Charlotte to lead the U.S. effort.

## Links

- Website: https://www.monkey.tech
- LinkedIn: https://www.linkedin.com/company/monkeyoficial
- Twitter/X: https://x.com/monkey_exchange
- YouTube: https://www.youtube.com/@monkeymktplace
- Instagram: https://www.instagram.com/monkeytech.br/

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Profile page: https://yespress.io/monkey
Published by YesPress — https://yespress.io
Last updated: 2026-08-15
