Berlin’s Monite raises $5M Seed for its embedded B2B payments platform

With turbulent economies, companies are looking for more revenue streams to survive, and one obvious way to increase revenues is to streamline costs. Given companies can often use both manual processing and sometimes even more than one external tool to manage B2B payments, this is an obvious area in which to improve efficiency. A good example of this trend is Toast, which historically started as a POS for restaurants, but later realized it could incorporate other kinds of B2B payments.
This is essentially the idea behind Berlin-based Monite. The startup offers an API, allowing invoicing and su

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