Monoova in action.
Real-World Payment Success Stories Powered by Monoova
Monoova are the experts that Make Money Move®.
From account funding to recurring billing, online checkouts and everything in between, we provide smarter payment solutions to businesses across Australia and beyond.
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Our Case Studies
See how our payment solutions support businesses across multiple industries to make money move.
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Hnry: Streamlining Self-Employed Finances with Unique Account Matching
Hnry’s sole trader and self-employed clients use the platform as a digital account that manages and pays superannuation, GST and tax.
The challenge:
Thousands of clients made data matching difficult, and funds were slow to be transferred.
Monoova’s solution:
With Monoova, clients are assigned a unique bank account that streamlines onboarding and makes payment matching, reconciliation and payouts faster and more efficient.
“Money flows through Hnry accounts really easily. The Monoova service is an instrumental part of the way we serve our customers.”
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How Edupayments and Monoova are transforming global payments for the education industry
Edupayments is delivering fast, low-cost cross-border payments for international students and education agencies with Monoova's API-powered infrastructure.
The challenge:
Students paying tuition, rent and living costs abroad faced high fees, poor exchange rates and slow processing, while agencies struggled to manage and reconcile large volumes of student payments.
Monoova's solution:
Through a scalable API integration, Edupayments collects funds locally and processes payments out of Australia via Monoova, giving students multiple payment options and the ability to pay universities, landlords or providers directly — with locked-in rates and 24/7 transfers across 10 countries.
"I was looking for a reliable and reputable partner in Australia that we could truly trust to help grow our business... We chose Monoova because they embody all of that. Now, we feel confident and ready to scale — Monoova is our best choice."
Rudbel Cano
Founder, Edupayments
Podcast: What Insurance can learn from Payments
In this episode of Building Tomorrow’s Insurer, host Nigel Fellowes-Freeman is joined by Ed Wiley and David Greene from Monoova.
Together, they explore:
- Why insurers still rely on outdated payment rails
- How PayTo, NPP, and instant settlement will reshape premiums & claims
- The commercial realities behind card fees, surcharges, and reconciliation
- Why customer experience lives or dies at the moment money moves
- How to modernise payments without ripping out core systems
- What the insurance industry can borrow from e-commerce, fintech, and utilities
- The role of AI in future payment flows and agent-driven commerce
From top-up to trade: How Monoova supports Sharesies
Sharesies uses Monoova's real-time payments infrastructure to get investors from top-up to trade in near real time.
"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."
Wade Ranford
Sharesies Australia Country Manager
The challenge:
As Sharesies scaled to 920,000+ customers, wallet top-ups arriving through multiple channels often needed manual reconciliation and could take hours to appear — out of step with the fast, intuitive experience investors expected, and adding admin overhead for the operations team.
Monoova's solution:
Monoova's API-driven infrastructure automates fund transfers and reconciliation, with unique account numbers and PayIDs for each investor so deposits are instantly matched and reconciled. Most payments now arrive instantly, giving customers a fully automated flow from top-up to trade.
Driving efficiency and success for Stables with Monoova
Stables partners with Monoova to power the payments behind its stablecoin digital wallet.
About Stables:
Founded in 2021, Stables is a digital wallet that lets customers send, spend and earn stablecoins in one balance, acting as a gateway for people to use their stablecoin balance in the real world.
Why Stables chose Monoova:
Stables points to three reasons: experience — seamless, smooth onboarding that delivers the outcomes they need; technology — APIs that are easy and straightforward to integrate, with cost savings from integrating once; and people — a responsive, solution-driven team they can always pick up the phone and call.
"The team at Monoova are responsive, very much solution driven, a real asset to our business... we know that Monoova is so competent and so capable."
David Nichols
Cofounder & Chief Risk Officer, Stables
How Whitefox integrated real-time payments for LOOT's instant deposits using Monoova
Whitefox integrated Monoova's real-time payments into LOOT, giving young Australians instant virtual accounts and deposits.
The challenge:
LOOT, a financial platform for young Australians, needed a provider that could handle real-time bank account creation and deposits via a seamless REST API — to meet younger users' demand for fast, secure, flexible payments.
Monoova's solution:
As LOOT's technology partner, Whitefox integrated Monoova's virtual account and payment services using secure APIs and webhooks. LOOT users can now create virtual bank accounts and make deposits in real time, in-app via PayID or bank transfer.
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Faster with Monoova: delivering instant access to finance for Australians when they need it most
Faster delivers instant access to finance for underbanked Australians, disbursing loan funds in minutes rather than days with Monoova's real-time payment infrastructure.
The challenge:
Faster's loan approvals were quick, but its previous provider's legacy settlement methods made moving funds to customers slow — creating friction in a business built entirely around speed, and limiting its ability to deliver on that promise.
Monoova's solution:
By integrating Monoova's real-time payments and APIs directly into its lending platform, Faster automated payment initiation and streamlined the journey from loan approval to disbursement, using the NPP for real-time payouts, card payments for fast settlement and Direct Debit for account-based repayments.
The impact:
Faster has significantly reduced approval-to-disbursement times, getting funds to customers in minutes during critical moments, with automated payment workflows built into its platform and responsive support that lets it adjust limits and products as it grows.
"When we moved to Monoova, we could provide our customers with a faster experience and provide them with the finance they need at the click of a button through NPP and these fast payment rails."
Duncan McIntyre
Founder & CEO, Faster
finPOWER Connect: Powering Faster, Smarter Payments for Lenders
finPOWER is one of Australia’s most trusted loan origination and management platforms.
The challenge:
Lenders needed instant disbursements, real-time visibility, and automated collections, but traditional bank transfers and manual reconciliation slowed everything down.
Monoova’s solution:
Embedding Monoova’s real-time payment rails directly into finPOWER Connect gives lenders instant funding, automated repayments, seamless reconciliation and full visibility across every transaction.
The impact:
Lenders can now approve, fund and reconcile loans in the same day — with fewer systems, fewer errors and far less manual work.
"We’re now a true one-stop shop for lenders. They don’t need separate systems to manage loans and payments—it’s all in finPOWER, powered by Monoova.”
— Lee Slattery, General Manager, finPOWER Connect
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Two Years On: How PayTo Has Transformed Wagepay’s Payment Experience
Wagepay uses Monoova's real-time infrastructure and PayTo to deliver faster repayments and instant wage advances to its customers.
The challenge:
Wagepay, which gives everyday Australians early access to their earned wages, relied on direct debits that could take 24–48 hours (up to 3 business days) to clear, and saw cases of dishonour reporting from banks even after a payment had settled.
Monoova's solution:
With Monoova, Wagepay pays out via NPP using PayID or bank details — reaching nearly all customers in under 60 seconds — and became one of the first Australian businesses to offer PayTo, going live in February 2023. Close to two-thirds of users now hold active PayTo agreements, and Wagepay has fulfilled 2M+ wage advances to date, gaining real-time settlement, better payment visibility and instant reconciliation while positioning for 100% annual growth.
"PayTo has transformed our user experience with faster, more seamless repayments, while delivering real-time settlement and better payment visibility."
Tony Chan
CEO, Wagepay
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carsales: Fast payments and ledger capability
carsales is Australia's leading online automotive marketplace, specialising in buying and selling cars.
The challenge:
Private buyers and sellers were frustrated by slow payments and security concerns.
Monoova’s solution:
Monoova has facilitated a solution for speedier, safer and simpler payments and introduced ledger capabilities, giving sellers a greater sense of security and control.
“Our goal is to make buying and selling a great experience and it has been awesome to have a partner that’s been willing to really work on that together.”
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Payroo: Making Payroll Fast and Frictionless
Payroo’s mission is to make payroll a joy for everyone (payroll managers and accountants included).
The challenge:
Manual and error-prone payroll processes put pressure on resources.
Monoova’s solution:
Using Monoova’s full suite of tools, including PayTo, PayID, direct debit and account validation, Payroo has built a faster, more reliable and more secure payment transfer experience that benefits employers and their staff.
“One-click payments and instant payments have reduced what wasa two-day process. The customer feedback has been overwhelmingly positive.”
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Eastern & Allied: Speeding Up Remittance with Real-Time Payouts
Eastern & Allied’s digital remittance service is centred around transferring funds to family in other parts of the world.
The challenge: Before Monoova, payouts took up to five days and it was difficult to match payments to customers.
Monoova’s solution: Real-time payments supported by Monoova have made transactions smooth, easy and seamless, and 97% of funds are received in real time.
“We would not have grown as much as we have done in this time if we didn’t have this solution.”
How EzyRemit Delivers Seamless Payments via PayTo
EzyRemit is delivering faster, easier cross-border payments for individuals with Monoova’s PayTo-powered infrastructure.
The challenge:
The customers of EzyRemit faced common issues in international payments such as high transfer fees, unfavorable exchange rates, lack of visibility on transaction status, concerns over accuracy and security. Leading to missed deadlines, delayed support and lack of confidence.
Monoova's solution:
Through seamless API integration, EzyRemit gained access to modern payment capabilities, enabling fast, secure and flexible options while maintaining compliance and user experience.
The impact:
With Monoova’s support, EzyRemit users can now send and receive payments quickly and securely with real-time processing, set up PayTo agreements for automated transactions, easily send funds abroad or to local education providers and set up recurring payments.
“At EzyRemit, our goal is to make sending money overseas simple, secure, and stress-free for individual customers in Australia. We want our customers to focus on what matters most, while we take care of their payments seamlessly.”
Elaine Tran
General Manager of EzyRemit
Instarem unlocks growth & efficiencies with Monoova
Instarem uses Monoova's API to deliver real-time cross-border payments, automate reconciliation and give customers full transparency over payment outcomes.
The challenge:
Instarem, a global cross-border payments platform enabling customers to remit and collect money across 60+ countries (nearly 200 for small business), faced delayed payments, manual reconciliation and costly card processing fees.
Monoova's solution:
Monoova gave Instarem full access to the NPP for real-time collection and disbursement, plus unlimited virtual account creation with instant reconciliation. Transactions dropped from 1–2 business days to real-time, over 90% of payments now flow through PayID, and back-office reconciliation savings freed up significant cost and resources — all via a simpler integration than previous providers.
"Monoova really helps us be able to collect those funds from where customers are sending those funds in a transparent and very instant manner, gives us complete access to the NPP, as well as help disperse those funds on behalf of inbound transactions into Australia as well."
Michael Minassian
VP & Regional Head of Instarem, APAC, NIUM
Helping Remitly Power Real-Time, Cross-Border Remittances
With over 7 million active users worldwide, Remitly helps customers send money to transfer funds around the world, providing a guarantee that money will arrive on time. The challenge: Slow, costly and insecure funds transfers.
Monoova’s solution: Remitly has partnered with Monoova to implement PayTo, creating a new and more trustworthy way for customers to safely and reliably transfer funds to loved ones overseas.
“We’ve found Monoova has met our criteria and been a great business to collaborate with.” - Kym Whitford, Head of Asia Pacific Remitly
Wise and Monoova: Unlocking the Future of Payments
Wise uses Monoova's single-API payments infrastructure to serve how its Australian clients prefer to pay and receive funds.
The challenge:
As a global leader in money transfers, Wise needed a local payments partner that could support the ways Australian customers pay and receive — across BPAY, direct debits and bank transfers — without building all the supporting infrastructure itself.
Monoova's solution:
By plugging into Monoova's single API, Wise gains BPAY, direct debit and bank transfer functionality in one integration rather than building each component individually — cutting cost and speeding up its go-to-market.
"With Monoova, we can just plug into 1 API and we can gain all that functionality. So there's a lot of cost saving in the go to market process for us rather than having to build all supporting infrastructure around those processes."
Tristan Dakin
Country Manager, Australia & New Zealand, Wise
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Launtel: Reducing Disputes and Chargebacks in Utilities
Launtel is “Australia’s fastest and most flexible internet provider”.
The challenge:
A growing number of chargebacks and disputes from credit card transactions created a surge in support tickets.
Monoova’s solution:
Integrating PayID and PayTo through Monoova’s APIs has reduced these issues, and Launtel now enjoys real-time cash flow, reduced support demand and lower transaction costs.
“We wanted a dynamic API that could give our customers plenty of payment options and Monoova had all of those options available from the get-go.”
The latest news
Fixing Payment Friction in Education: From Enrolment to Fee Collection
Faster with Monoova: delivering instant access to finance for Australians when they need it most
PayTo for Business: How to get started without API integration
What is PayID & How Does It Work for Business?
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