Case Study: Monto achieves production-ready EWA platform growth with Axented

MONTO launches production-ready EWA platform in 10 months with Axented

Monto, a Mexico-based fintech building an Earned Wage Access platform, faced the challenge of rapidly delivering a production-grade MVP that could ensure transactional correctness and scale for enterprise use without requiring a future rewrite. They partnered with Axented for a full product build to architect a reliable foundation with robust financial workflows, all while operating with a lean engineering team.

Axented implemented a modular, production-grade platform featuring subsystems for onboarding, payroll ingestion, a ledger for reconciliation, and payment disbursement. The solution was built on a stack including Ruby on Rails and AWS. As a result, Axented delivered an MVP in just 10 months, which subsequently scaled to onboard 10,000+ employees and 10+ enterprise clients, providing a growth-ready foundation that supported the company through its Y Combinator chapter.

MONTO