Monthio is the creditworthiness solution that innovative credit teams use to make loan approval quicker, easier and more accurate. That’s why the Nordics’ leading banks and credit providers work with Monthio.
Monthio in numbers
How we began
In 2018, our founder Mads Aarup Pedersen had an idea. He’d spent almost two decades in the banking world, witnessing the challenges faced by credit departments and knew there had to be a better way.
By combining his deep expertise in credit decisioning with new Open Banking technology, he aimed to create a world where compliant loan approval was seamless, digital and instant, and loved by credit advisors and loan applicants alike.
Today Monthio is made up of 50+ international professionals, has integrated with the top Nordic banks and credit providers and has been recognized as one of the leading providers of Banking Tech and Reg Tech in Europe.
And with support from prominent investors, the next chapter of Monthio is as ambitious as the original idea.
Trusted by leading financial providers
Where we're going
Monthio is on a journey to become the preferred creditwortniess partner for banks & credit providers who want to revolutionize their loan approval process. Our vision is to lead the way in creditworthiness solutions, combining innovation, compliance, and sustainable growth.
With our deep banking expertise and cutting-edge technology, we'll transform the lending landscape, making it faster, easier and more responsible. Join us on this exciting journey as we reshape the future of finance.
Mads Aarup Pedersen
Founder & CEO
Mads holds a wealth of banking experience from international institutions such as RBS, ABN AMRO, Nomura and Danske Bank. Here his main focus was deploying technical solutions for financial institutions, leveraging digital automation to navigate regulations. Having previously created two successful businesses, Mads established Monthio five years ago to utilize the opportunities presented by Open Banking and address the challenges faced by banks.
Co-founder & CRO
Rune is a co-founder of Monthio and contributes to both the management team and product development. Rune has more than 30 years of experience with global financial markets and regulation, with particular expertise in the credit asset class. Rune has held leadership positions involving the organisational governance and day-to-day management of business risks as well as operational and compliance risks.
Sandra Perlman Aisen
Head of People and Culture
Sandra brings 15 years of banking experience to Monthio, having worked at SEB Cards, Citigroup and Nordea. Her expertise lies in project management within operational risk management, financial crime, and business development within retail banking and corporate banking. With a Masters from Copenhagen Business School on Strategy Organization and Leadership, Sandra plays a crucial role in driving Monthio’s ambitious growth plans by fostering positive organizational development.
Lars Anker Haugaard
Lars holds almost 20 years of international work experience in the financial services industry, including Nykredit, AP Pension and Nomura, plus leadership positions at Danske Bank. His responsibilities at Monthio include, but aren’t limited to, ensuring scalable operations for entering new markets and overseeing the product department to solidify Monthio’s position as a market leader in creditworthiness solutions.
Head of Loan & AML Advisory
Heidi is a senior financial expert with 15 years of experience in AML, CFT, and fraud prevention. With extensive knowledge in crime, money laundering, and terrorism financing prevention, she effectively manages relationships with leading banks, oversees successful implementation, and utilizes her practical expertise in bank organization to bridge IT, business, and senior management for seamless collaboration. All of this, combined with Heidi’s deep credit process expertise drives Monthio’s mission of providing innovative solutions to the financial sector.
Rune brings over 20 years of professional experience in the IT industry, with a strong focus on management, agile software development processes, and system architecture and design. He also holds a M.Sc. in Computer Science from the University of Copenhagen. His remit at Monthio covers technical leadership, team building and management, implementing agile development methods, and overseeing system and software architecture. Critically, he drives the technology advancements and success of Monthio.
With extensive banking experience from Danske Bank and Handelsbanken, Martin has held multiple roles in M&A, capital markets, and investment management throughout his career. As Chief of Staff at Monthio, Martin ensures effective coordination and executes strategic initiatives to drive the company's growth and success.
Stefan Agergaard Hansen
With more than 10 years of experience in the credit industry and a Master’s Degree in Business and Psychology from Copenhagen Business School, Stefan holds a critical role at Monthio. Not only does he manages relationships with leading banks and credit providers while offering invaluable expertise in data-driven processes and project management. Stefan also assists clients with various needs, including business processes & compliance in creditworthiness.
Our board of directors
Former Executive Leadership, Danske Bank
Glenn holds more than 25 years experience from Danske Bank, where he held positions in the executive leadership team. With deep insight into banking systems and a proven track record in successfully implementing digitization programs across Europe, Glenn provides invaluable expertise to Monthio's board.
Jakob brings extensive strategic experience from leadership roles at TDC and PreSeed Ventures, driving the success of startups. With expertise in metrics and KPIs, Jakob has been instrumental in guiding portfolio companies strategically. He holds a Master's degree in economics from Copenhagen Business School, where he now also lectures.
Rikke Kjær Nielsen
Partner, EQT Partners
Rikke holds substantial experience in driving the success of fast-growing international companies as a board director. With a background in Mergers & Acquisitions at The Royal Bank of Scotland, Rikke holds a B.Sc. and M.Sc. in Business Administration from
Copenhagen Business School.
Hans Henrik Hoffmeyer
Co-founder & COO, Coinify
Hans Henrik has a successful track record of merging companies, leading strategic acquisitions and transforming start-ups to global leaders. His extensive experience in the finance industry, and international business knowledge helps drive Monthio's success in
the ever-evolving fintech landscape.