Monstro, Inc.

Monstro is a revolutionary finance app that provides independent, personalized guidance to help optimize each client’s financial, legal, and tax life.

North Palm Beach, FL, USA

One Liner

One Liner
Monstro is a revolutionary finance app that provides independent, personalized guidance to help optimize each client’s financial, legal, and tax life.

What Problem We are Solving

Problem
Technology, deregulation and an explosion of information and data have rapidly expanded the world of financial opportunities exposing the financial lives of the 98% to information overload and exploitation. This results in missed opportunities, misleading information, and ulterior motives that do not benefit the masses.

About Us

About Us
Monstro is a revolutionary finance app that provides independent, personalized guidance to help optimize each client’s financial, legal, and tax life. It brings greater transparency to the world by serving as the only independent watchdog and unbiased advisor and this is what makes it different from other platforms. It is 100% aligned with the clients and utilizes AI & machine learning to analyze attributes of each client’s financial, legal, and tax data. It monitors their financial wellness and provides wealth management insights that: Save them money Empower them Make them money Protect them Save them time Inspire them The platform is personalized and targeted based on the information the client automates to the app such as bank accounts or investment accounts or information they manually input such as real estate and financial holdings. The information is stored in a secure, private repository within various regions of the U.S.

Venture Highlights

Highlights
The fintech app has been developed and a Beta launch was completed in February 2023 with a public launch soon after.

Business Model

Business Model
Monstro will generate revenue utilizing a 100% subscription-based model.  There will be a tier subscription from a freemium access with a limited portion of the individual and household content to an enterprise access with unlimited accounts and content along with full access to business, estate, and tax focused insights and content.  The current revenue model is based on household access @ $39 per month.  This tier provides unlimited personal and household accounts and access to individual and household focused insights, alerts, and content. 

Competitive Advantage

Quote
The Founder manages over $500 million in assets for UHNWF and through his 15+ years of experience he saw that traditional wealth managers were not aligned with their clients.  His belief is no one provides unbiased financial guidance.  He wanted to bring the knowledge and expertise that benefits the 2% and offer it to the other 98% no matter what their income and asset level might be and that complex financial situations exist for everyone.  

Wealth management expertise personalized at scale.

Bite sized Tik-Tok like content provides a personalized experience at a given moment that is relevant to the client.

No product sales, quotas or hidden interests and the client’s data is never sold to anyone.

24/7 monitoring across 1,000’s of wealth strategy scenarios.

Dynamic search eliminates dashboard approach.

Personalized insights, education, and alerts.

Holistic visibility of their financial health.

Easy collaboration in-app with existing advisors.

Monstro will launch with native iOS and Android applications powered by a robust CMS, data feeds, and AI.

Revenue

Revenue To Date
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MRR
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Revenue YTD
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Burn Rate
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Customer Costs

CAC
N/A
LTV
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Churn
N/A
Margins
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Go-To Market Strategy

Business Strategy
Anthony Moor, Head of Content has a rich history in editorial, startup, and media product management, most recently at the Wall Street Journal.  He led content products at NerdWallet, editorial operations at Yahoo! and is leading the team on the marketing for Monstro. 

Competitive Analysis

Competitive Analysys
It brings greater transparency to the world by serving as the only independent watchdog and unbiased advisor and this is what makes it different from other platforms.  It is 100% aligned with the clients and utilizes AI & machine learning to analyze attributes of each client’s financial, legal, and tax data. 
Competitor Website
Coinbase coinbase.com
Robinhood robinhood.com
Wealthfront wealthfront.com

Networking

Networking
We are open to meeting up to grab a coffee, or just to chat. We would really enjoy your feedback and insight into our venture and would be happy to discuss anything that you are currently working on to see if we can be of service!

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Capital

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Name Amount
Amount Left $5,000,000.00
Amount Raised (This Round) $0.00
Amount Raise To Date N/A
Investment Type N/A
Type of Raise SAFE

Valuation
$75M

TAM SAM SOM

TAM
$251M
SAM
N/A
SOM
$75.3M

Business Stage

Business Stage
Beta

Categories

Fintech