Driving efficiency and success for Stables with Monoova

May 1, 2024
Share

"The team at Monoova are responsive, very much solution driven, a real asset to our business. The tangible cost benefits we've seen from using Monoova is the ability of our backend finance team to be able to run fairly lean because we know that Monoova is so competent and so capable."

David Nichols, Cofounder and Chief Risk Officer (CRO), Stables, shares why the team at Stables choose to partner with Monoova to power their payments.

Shaping the Future through Payments

Founded in February 2021, Stables is a digital wallet enabling customers to send, spend and earn stablecoins, all in one balance. Stablecoins are cryptocurrencies whose price is pegged to the value of a fiat currency or any other asset. Stables acts as a gateway for people with a stablecoin balance to go to use that in the real world.

Watch the case study below:

3 Reasons Why Stables Choose to Work with Monoova

1. Experience

“Onboarding is very seamless, it's very smooth and we can obviously get the outcomes we need.”

2. Technology

“Our tech team love the APIs because they're easy to integrate, they're very straightforward and there's no real problems. Then the cost savings come because we can generally only need to integrate and do things once and then it works.”

3. People

“The importance of being able to quickly solve problems and identify issues and ultimately get the best customer outcomes that we can. We know that we can always pick up the phone and call the team at Monoova.”

If you'd like to learn more about our payment solutions, get in touch with one of our team today.

Disclaimer: Monoova Payments Pty Limited (ACN 126 015 227 | AR No. 428863) trading as Monoova (Monoova) is the authorised representative of Monoova Global Payments Pty Ltd (ACN 106 249 852 | AFSL 421414) (Monoova Global), being the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services (FSG/PDS). Copies of the FSG/PDS and the terms and conditions of the products and services offered by Monoova and Monoova Global (disclosure documents and terms) are available by contacting Monoova at support@monoova.com. You should consider the relevant disclosure documents and terms before deciding whether to acquire, or continue to hold, the product or service. The information provided on this website is factual information, is given in summary form, and does not purport to be complete. The information set out does not take into account your particular investment objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the information having regard to these matters, and in particular, you should seek independent legal, financial and tax advice. To the extent that the communication/document contains information sourced from third parties, statements made by third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by or statements made by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.

©Monoova

Related Articles

Is Your Payment Stack Ready for the Surcharge Ban

Australia’s surcharge ban has the potential to affect vendor profits. Find out how to minimise the impact with modern, multi-rail payment infrastructure. 

Reduce the admin of identifying and rectifying incorrect payments with Monoova’s automated reconciliation rules

Reconciliation is a huge part of any finance team’s time, especially at the end of a financial period. Manual processes introduce the risk of human error, both on the side of the payments being made, and payments being received and allocated, causing headaches for everyone involved.‍ Explore how Monoova's reconciliation rules can reduce admin and bring efficiencies to your business.

Beyond Payments with Shabaas: How Real-Time Infrastructure is Transforming Small Australian Businesses

Beyond Payments: How Real-Time Infrastructure Is Transforming Small Australian Businesses Small Australian businesses face rising costs, cash-flow pressure and increasing customer expectations, yet many still rely on slow, expensive legacy payment systems. Real-time payments are changing this landscape by enabling instant settlement, improved liquidity and greater certainty over cash flow. ShaBaas Pay was built to make real-time payment infrastructure accessible to small businesses, startups and incubator communities. Designed for low-tech users, the platform combines instant bank-to-bank payments with simple invoicing, payment links, QR codes and flexible integration options. By moving away from card-based rails and delayed settlement cycles, businesses can reduce transaction costs, minimise chargebacks and operate with greater efficiency and confidence. More than a payment gateway, ShaBaas Pay supports businesses from day one and scales as they grow. Powered by modern Australian payment infrastructure and supported by Monoova, ShaBaas Pay demonstrates how real-time payments are reshaping cash flow, customer experience and operational performance for small businesses across Australia.

Building a Fairer Financial Future: How Brolly and Monoova are Powering Community-Driven Lending

Together, Brolly and Monoova are reshaping the way Australians access credit - empowering communities to support one another while unlocking new opportunities for everyday lenders and borrowers alike. Brolly is pioneering a new era of peer-to-peer lending in Australia - one where financial opportunity is shared, circular, and accessible. With Monoova powering its payments backbone, Brolly can focus on what matters most: building a fairer financial future for everyday Australians.