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Monk Surpasses $2 Billion in Receivables as Customers Consolidate Their AR in 2026

August 20, 2026
4
min read
Product Updates

We've crossed $2 billion in receivables managed on Monk. It is a milestone we are proud of, and it points to something specific: finance teams are moving collections, cash application, and customer payments onto one system rather than stitching together separate tools. A big part of that shift is the Payment Hub, a self-serve portal where your customers see every invoice and pay by ACH, wire, check, or credit card. We have also joined the Stripe App Marketplace.

Getting paid on time is still one of the hardest problems in business finance. About 55% of B2B invoiced sales in the United States are paid late, the average company waits around 43 days to collect, and only 17% of finance teams have fully automated their accounts receivable. We built Monk to close that gap by handling the follow-up, the reconciliation, and the payment in one place.

What did we ship?

Two things. First, more than $2 billion in receivables now run on Monk, a sign of how quickly customers are consolidating their AR onto the platform. The clearest example is how those companies get paid: through the Payment Hub, a branded self-serve portal you give your own customers so they can view invoices, see balances, and pay without emailing anyone for a copy. Second, Monk is now in the Stripe App Marketplace, so teams that bill on Stripe can connect their account and keep invoices and payments in sync.

"Crossing $2 billion in receivables tells us customers are not only testing Monk on a single workflow, they are moving their entire AR operation onto it," said George Kurdin, CEO and cofounder of Monk. "They want one place where the invoice, the follow-up, and the payment all live together."

Why does $2 billion in receivables matter?

Because it reflects consolidation rather than one-off usage, as well as rapid adoption. Teams tend to start with a single job, often collections, and then bring cash application, customer payments, and reporting onto the same platform once they trust it. For a finance leader, the result is fewer systems to reconcile and a single source of truth for what is owed, what is late, and what has been paid.

How do customers get paid through Monk?

Through the Payment Hub, a branded self-serve portal you give your own customers. In it, a customer sees every invoice and its live status, views balances and aging, and pays by ACH, wire, check, or credit card, or enrolls in autopay, alongside payment history, statements, credit memos, downloadable PDFs, and shared documents like your W-9. Because collections, cash application, and the Hub run on one platform, a payment applies to the invoice and stops the follow-up automatically. The Payment Hub launch covers the full feature set.

"Customers kept asking for one simple way to let their own customers pay, and to stop fielding 'can you resend the invoice' emails," said Kurdin. "That is what the Payment Hub does, and it is a big reason receivables on Monk continue to grow so fast."

Where does Stripe fit?

Monk is now available in the Stripe App Marketplace. The integration connects your Stripe account to your Monk organization so invoices, payments, and reconciliation stay in sync, and if you already bill on Stripe you can adopt Monk without changing how you take payment. Credit card payments in the Payment Hub are processed through Stripe. See the Monk Stripe app for how it works.

See it for yourself

More than $2 billion in receivables run on Monk today. If you want to get paid faster, book a demo and we will show you the Payment Hub, collections, and cash application in one place.

Frequently asked questions

How much in receivables does Monk manage?

More than $2 billion in receivables run on Monk today, a figure driven by customers consolidating their collections, cash application, and payments onto one platform.

How can customers pay their invoices in Monk?

Through the Payment Hub, a self-serve portal where they can pay by ACH, wire, check, or credit card, or enroll in autopay for future invoices.

What is the Monk Payment Hub?

The Payment Hub is a branded self-serve portal where a customer sees every invoice and its status, views balances and aging, pays by ACH, wire, check, or credit card, or enrolls in autopay, and finds payment history, statements, credit memos, downloadable PDFs, and shared documents like your W-9.

Can customers see their invoice history and statements?

Yes. The Payment Hub shows payment history, full account statements, and credit memos, and customers can download invoice and statement PDFs on demand.

Is Monk a Stripe partner?

Yes. Monk is available in the Stripe App Marketplace, and the integration connects a customer's Stripe account to their Monk organization to sync invoices, payments, and reconciliation.

What is Monk?

Monk is an AI-native accounts receivable platform that automates collections, cash application, and customer payments, with a self-serve Payment Hub, on a single system.

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