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Mento Labs
Mento Labs develops the Mento Protocol, a decentralized platform for issuing and managing multi-currency stablecoins on the Celo blockchain, targeting financial inclusion in emerging markets.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Headquarters Location
Switzerland
Product Name
Mento Protocol
Parent Company
Mento Labs
Founder
Markus Franke
Web2vsWeb3
Web3
Access Model
API
Target Users
Enterprises
Competitors
MakerDAO (DAI), Circle (USDC), Reserve (RSV)
Business Function (stablecoins)
Feature completness
Product differentiation
Emerging-market-first approach with local currencies (e.g., cKES, PUSO); lightweight AMM for cost efficiency compared to Ethereum-based platforms.
Privacy & Data protection certificate
Years in business
5.49
Employees
10-100
Horizontal Applications
Decentralized Finance (DeFi) Applications
Tech stack modernity
Cloud-native on Celo blockchain (EVM-compatible, Proof-of-Stake); built with Solidity smart contracts.
Product Roadmap
Expand stablecoin offerings (e.g., Korean Won, Japanese Yen, Singapore Dollar) via partnerships; improve AMM liquidity.
Product Roadmap
Expand stablecoin offerings (e.g., Korean Won, Japanese Yen, Singapore Dollar) via partnerships; improve AMM liquidity.
API Quality
Production-Ready
Documentation Link
Enterprise readiness
Moderate (supports blockchain integrations and API access but lacks formal SLAs or dedicated enterprise support).
Security & Compliance Readiness
Smart contract audits (e.g., by Trail of Bits for Celo ecosystem); no explicit regulatory compliance certifications.
Documentation quality assessment
Stability (Mento-specific sections; structured but limited in depth for advanced use cases).
Support Methods
Community-driven (via Discord, GitHub); no dedicated enterprise support or average response time data available.
Critical capabilities
EVM-compatible platform with virtual AMM for stablecoin swaps; supports cUSD, cEUR, cREAL, cKES, PUSO. Specialized in DeFi and stablecoin solutions for emerging markets, promoting financial inclusion.
Support & Account Management
Community-driven (via Discord, GitHub); no dedicated enterprise support or average response time data available.
51 Score™
430.83
Product & Service
44.0
Stability & Maturity
53.3
Technology & Innovation
40.0
Enterprise Readiness
35.0
Categorization
Founder
Markus Franke
Parent Company
Mento Labs
Market category
Stablecoin Issuers
Target Users
Enterprises
Top competitors
MakerDAO (DAI), Circle (USDC), Reserve (RSV)
