Why Monthio? The Story Behind the Name

At Monthio, we believe that financial insights should be simple and intuitive. But we also know that personal finances are rarely either of those things.

Take the classic question: “What’s your monthly residual amount after all expenses?” Most people would have to dig up their budget, if they even have one—to answer that.

When applying for credit or a loan, banks and advisors don’t just look at your annual salary, rent, or fixed costs. They want a monthly snapshot: your regular income, your typical expenses, and the impact of one-off purchases. The challenge? Life doesn’t neatly organise itself by the month.

Some income comes quarterly, others as an annual bonus. Major expenses show up unpredictably—a broken washing machine, a new phone, an unplanned investment. This irregularity makes it difficult to get a clear and consistent picture of someone’s financial reality.

"That’s exactly why we built Monthio", says co-founder and Chief Risk Officer, Rune Heinrichson. "By converting all incoming and outgoing transactions—regardless of their original frequency—into monthly figures, we provide banks, credit managers, and individuals with a true overview. It’s a way of translating the chaos of everyday finances into a language everyone understands: months."

And the name, "Monthio"? It starts with “month”, the rhythm around which most financial decisions revolve. But it’s the “io” that gives it a deeper layer. Borrowed from the world of computing, IO stands for input/output—how systems take in data, process it, and deliver something useful on the other side.

That same principle powers everything we do.
We take the scattered inputs of real life—quarterly income, one-off purchases, rent, rewards, repairs—and transform them into structured, monthly outputs that advisors can trust and applicants can understand.

It’s more than a name. It’s our product philosophy in two syllables:
From input to output. From noise to insight. From complexity to clarity.

And here’s a fun fact: our brand icon, which you’ll find at the top of this page, is inspired by an annual budget. It features 12 pillars—one for each month of the year.