White & Case advises Monese and XYB as they each secure new funding and become two independent businesses

Global law firm White & Case LLP has advised pan-European fintech Monese and its global platform as a service (PaaS) business XYB as they have each secured new funding and separated from their existing group structure to become two independent businesses.

The Monese brand will continue as the business-to-consumer facing business, and XYB, the business-to-business PaaS technology business borne out of Monese, will become an independent company.

The White & Case team in London which advised on the transaction was led by partners Dan Turgel and Ian Ivory and included partners Tom Falkus, Philip Trillmich, Nicholas Greenacre, Kristen DiLemmo, Ben Davies, Helen Pantelides, Will Smith and Jessica Kemp and associates Marta Zieba, Angus Nunn, Kristy Duru, Clare Slunecko, Reetu Vishwakarma, Iman Algubari, Iman Adebowale.

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