Monnai, a global identity and risk data infrastructure company, announced a $12 million equity funding round, led by Motive Partners, as the company scales a profitable identity and risk data infrastructure powering real-time identity, fraud, and credit decisioning for global financial institutions, and digital businesses. The round also includes participation from some existing investors, including Commerce Ventures and 500 Global. Since its founding in August 2021, Monnai has raised more than $23 million in total funding.