Moneo one of 15 companies selected to participate in IBM Hyper Protect Accelerator

Congratulations to our Chamber member Moneo who has been selected as one of just 15 companies from a global pool!

Press Release:

Moneo, a new mobile platform that enables brands to deliver cashback rewards directly to consumers, has been selected to join the IBM Hyper Protect Accelerator. The global program, run in collaboration with Village Capital, provides technical, investment and business services to early stage technology companies that use sensitive data to deliver datatech and fintech solutions. As one of the 15 companies selected from a global pool, Moneo will benefit with 2 years of technical mentorship, access to IBM’s partner network and go-to-market support.

We’re delighted to be one of the 15 companies selected to join the IBM Hyper Protect Accelerator and it validates the huge potential of our business. Data security and scalability are critical to our success and we’re thrilled to have the opportunity to work with IBM to build a solution that will help millions of people to save money,“ said Sam Carter, Moneo’s CEO.

Based in Mexico City, Moneo is the easiest and most accessible way for consumers to save money on grocery and other shopping. Users simply upload photos of their shopping receipts to earn real money rewards. Brands generate sales and get access to opt-in data that helps them to better understand consumers and their purchase behaviour. It’s a win-win solution and one that has the potential to positively impact the lives of millions of people.

About Moneo
Moneo is a new mobile platform that helps brands deliver cashback rewards to consumers quickly and easily. The service is a win-win: shoppers earn real money rewards for everyday purchases while brands generate measurable sales and get access to valuable purchase and consumer data.

About IBM Hyper Protect Accelerator
A tech startup program designed to build and scale the next generation of datatech, fintech and other tech companies that work with sensitive data.

About Village Capital
Village Capital is the largest organization in the world supporting impact-driven, seed-stage startups. Since 2009, Village Capital team has directly worked with more than 1,100 entrepreneurs in 28 countries and has invested in 110 startups that have gone on to raise more than $4 billion in follow-on capital.

Contact: Alexandra Hernandez, Press Officer