Case Study: Drip Capital reduces approval time by 40% with Monnai

Transforming Fraud Prevention for Drip Capital with Monnai

Drip Capital, a trade financing fintech, faced challenges in scaling its operations due to a reliance on slow, manual identity verification. Their limited access to global data made it difficult to accurately assess digital fraud risk using only basic identifiers. They partnered with fraud prevention vendor Monnai to address these issues.

By implementing Monnai's global consumer data infrastructure, Drip Capital automated its verification processes. This solution provided comprehensive digital insights, enabling more accurate risk assessment. The partnership resulted in a 40% reduction in approval time and allowed Drip to scale its operations efficiently while improving customer response rates.

Drip Capital

Tej Mulgaonkar

Head of Product & Engineering