Driving efficiency and success for Stables with Monoova

May 1, 2024
Share

"The team at Monoova are responsive, very much solution driven, a real asset to our business. The tangible cost benefits we've seen from using Monoova is the ability of our backend finance team to be able to run fairly lean because we know that Monoova is so competent and so capable."

David Nichols, Cofounder and Chief Risk Officer (CRO), Stables, shares why the team at Stables choose to partner with Monoova to power their payments.

Shaping the Future through Payments

Founded in February 2021, Stables is a digital wallet enabling customers to send, spend and earn stablecoins, all in one balance. Stablecoins are cryptocurrencies whose price is pegged to the value of a fiat currency or any other asset. Stables acts as a gateway for people with a stablecoin balance to go to use that in the real world.

Watch the case study below:

3 Reasons Why Stables Choose to Work with Monoova

1. Experience

“Onboarding is very seamless, it's very smooth and we can obviously get the outcomes we need.”

2. Technology

“Our tech team love the APIs because they're easy to integrate, they're very straightforward and there's no real problems. Then the cost savings come because we can generally only need to integrate and do things once and then it works.”

3. People

“The importance of being able to quickly solve problems and identify issues and ultimately get the best customer outcomes that we can. We know that we can always pick up the phone and call the team at Monoova.”

If you'd like to learn more about our payment solutions, get in touch with one of our team today.

Monoova Payments Pty Ltd (ABN 38 126 015 227) trading as Monoova (“Monoova”) is the authorised representative of Monoova Global Payments Pty Ltd (ABN 77 106 249 852; AFSL No. 421414 ), the issuer of the Combined Financial Services Guide & Product Disclosure Statement Non-Cash Payment Products and Services dated 20 September 2023. (FSG/PDS). This information is given in summary form and does not purport to be complete. To the maximum extent permitted by law, Monoova does not assume responsibility for, the content, accuracy or completeness of the information presented. Before acting on any information you should consider the appropriateness of the information having regard to these matters and seek independent legal, financial and tax advice. To the extent that the information contained above is sourced from third parties or provides link to third party websites, Monoova takes no responsibility for the accuracy, currency, reliability and correctness of any information included in the material provided by third parties nor for the accuracy, currency, reliability and correctness of links or references to information sources (including internet sites) operated by third parties.

Related Articles

Instarem unlocks growth & efficiencies with Monoova

Learn how cross-border payments platform, Instarem, uses Monoova’s API to deliver payments at speed, automate reconciliation and enhance their customer experience through transparency of payment outcomes.

Wise and Monoova: Unlocking the Future of Payments

"Without the API that Monoova provides, things like BPAY, direct debits, bank transfers, we would have to integrate and build all the componentry around it individually. With Monoova, we can just plug into 1 API and we can gain all that functionality. So there's a lot of cost saving in the go to market process for us rather than having to build all supporting infrastructure around those processes." Tristan Dakin, Country Manager, Australian & New Zealand explains how Monoova has been instrumental in providing the key payments infrastructure to send money internationally for their Australian clients.

How the choice of payments system can help you through the crisis

The Coronavirus is forcing us to adapt to new ways of going about our every day, at least for a while. Now more than ever, small businesses need to lower overheads, improve cashflow and look after the health of their customers and staff. How can improving your payments process help achieve this?

How Rello streamlines its operations with automated payments

“Since deploying Monoova’s services on our hero product, RelloPay, we saw in the first month an 11 % increase in transaction volume through the platform. That volume of transactions simply wouldn't have existed on a platform without these services.” Christiaan Lok, CTO, Rello, shares how their partnership with Monoova has enabled Rello to scale their operations whilst achieving significant time and cost savings.