Monk, an AI-native automated platform built to automate the entire accounts receivable (AR) process, raised $25 million. This highlights how the PAYMENTS infrastructure is increasingly focused on automating receivables, collections, and cash application for businesses. The company’s platform targets manual finance workflows that slow down payment cycles and increase operational friction. This funding suggests investors still see strong demand for B2B payments tools that improve working capital and reduce back-office inefficiency.
Fintech Monk Raises $25M to Automate Receivables