From top-up to trade: How Monoova supports Sharesies

For many Australians, investing once felt off-limits. It came with too much jargon, too many barriers and too few opportunities to get started with confidence. Wealth app Sharesies set out to change that, first launching in New Zealand before expanding ‘across the Ditch’.

Founded with the vision financial empowerment for everyone, Sharesies built a digital investing platform where anyone can start their investing journey with as little as they like.

With no minimum deposits and no pressure, the app has grown to 920,000+ customers across Australia and New Zealand. From round-ups and auto-invest plans to one-off trades, it’s removes the friction for people taking steps to control their financial future.

The problem with slow and scattered payments

As Sharesies scaled, so did the complexity of managing payments from thousands of investors topping up their digital wallets. Deposits were arriving at different times and through multiple channels, often requiring manual reconciliation before investors could use their funds.

Even a simple wallet top-up could take hours to appear in an account. This lag didn’t align with the fast, intuitive experience Sharesies had built. Investors who spotted an opportunity to buy needed to act immediately, instead of waiting for their balance to refresh.

Meanwhile, behind the scenes, the Sharesies operations team faced growing administrative overhead to keep funds moving and reconciled accurately.

Unlocking speed and trust with automation

Sharesies needed a way to match its payment experience with the speed and accessibility of its investing platform. The company wanted investors to have funds available as soon as they topped up, and the back office needed better visibility, automation and control over incoming transactions.

That’s where Monoova came in.

Monoova’s real-time, API-driven payments infrastructure helped Sharesies eliminate delays and manual processes by automating fund transfers and reconciliation. Through a seamless integration, investors can now fund their wallets faster, with deposits reflected in near real- time.

Removing friction with faster deposits

Today, Monoova powers a smoother investor experience from the moment a customer initiates a deposit. Most payments arrive instantly, giving customers the ability to trade or invest quicker than before.

Sharesies relies primarily on Direct Entry (DE) for both push and pull transactions, meaning customers can either transfer funds into their wallets or have funds automatically debited for recurring investments. In the past year alone, Sharesies processed over hundreds of thousands of these transactions, with transaction volumes continuing to rise month-on-month.

Monoova’s technology also enables unique account numbers and PayIDs for each investor, allowing deposits to be instantly matched to the correct wallet and reconciled automatically. The result is a fully automated flow from top-up to trade, without manual intervention or delay.

Supporting micro-investing at scale

Monoova’s infrastructure plays a crucial role in supporting Sharesies as it scales. With thousands of deposits processed daily, automation and reliability are key.

Monoova’s direct debit functionality facilitates regular top-ups through auto-invest plans, while its instant payment rails ensure that ad-hoc deposits are processed quickly and securely. This combination gives investors flexibility and confidence, whether they’re jumping on market opportunities in real-time or considering longer term investments.

Wade Ranford, Sharesies Australia Country Manager says "Enabling our customers to fund their Sharesies Wallet at speed and at reduced cost is a priority for us. The Monoova team has been great to work with in unlocking round-ups and fast deposits for our customers and with a security-first attitude.”

Built for growth and reliability

For Sharesies, working with Monoova means they can grow without being held back by manual processing or outdated systems. With the ability to process millions of dollars of transactions securely and instantly, Sharesies can continue to focus on what it does best; helping more people grow their wealth.

About Sharesies

Sharesies offers Aussie and Kiwi investors the opportunity to access companies and ETFs across the AU, US, and NZ markets with no minimum investment. Sharesies has more than $10 billion of platform assets and offers a wide range of features to suit both new and seasoned investors.

Sharesies Business works with over 600 private companies and listed companies to better understand and connect them with their retail investors. Services include raising capital, staff share schemes, and an investor relations tool and dashboard called Sharesies Open.

Sharesies is a certified B Corp, meaning the company is committed to delivering a positive impact for its customers, suppliers, workers, community, and the environment.

About Monoova

Monoova is a leading provider of intelligent payment solutions, helping businesses optimise their payment processes, enhance customer experiences, and scale efficiently. Visit www.monoova.com or read Monoova’s PDS/FSG to find out more about our payment solutions and services.

For media enquiries, please contact: PressEnquiries@Monoova.com