Software & Fintech, M&A

Bryan, Garnier & Co acts as Financial Advisor to Monese and XYB on each securing new funding and becoming two independent entities

Founded in 2015, Monese is a leading pan-European Fintech providing access to current account banking services for people excluded from mainstream banking.

Monese’s offering consists of a current account, digital wallet, transfer and card payment capabilities leveraging open banking and key strategic partnerships targeting primarily foreign nationals, expats and the unbanked population.

XYB is a leading global Platform as a Service business dedicated to combine advanced technology, comprehensive managed services, and foster collaborative partnerships. The technology empowers banks and non-banks to provide accessible and comprehensive financial services.

This separation will unleash the growth and potential of Monese and XYB and will ensure that both businesses will have the funding they need to thrive.

Bryan, Garnier & Co acts as Financial Advisor to Monese and XYB, brought in to support the company and its shareholders.

"The separation of Monese and XYB into two independent businesses will undoubtedly unleash growth opportunities for both entities. Bryan Garnier's team played a pivotal role in ensuring that both companies are well-funded and primed for success."

— Norris Koppel, Founder and CEO at Monese

Monese is a leading pan-European fintech that offers smart money services to millions of consumers across Europe. Monese was launched in 2015 by the entrepreneur Norris Koppel, after his first-hand experience of trying to open a bank account in another country, and now serves over 2 million customers across 31 countries.

XYB is a leading global fintech company dedicated to transforming and revolutionising the financial services landscape. Through its coreless banking platform and ecosystem, XYB empowers banks and non-banks to provide accessible and comprehensive financial services to individuals and businesses. By combining advanced technology, comprehensive managed services, and fostering collaborative partnerships, XYB accelerates time to value, creates unparalleled growth opportunities, and enables financial institutions to thrive in the rapidly evolving digital era.