Finmid raises $24.7M in a Series A round to expand its embedded fintech solutions for SMBs through marketplaces like Wolt.
Finmid raises $24.7M in a Series A round to expand its embedded fintech solutions for SMBs through marketplaces like Wolt.
04/16/24, 5:17 AM
Location
berlinMoney raised
$24.7 million
Industry
financial services
Round Type
series a
Investors
Earlybird Vc, Blossom Capital, Max Tayenthal
Finmid, a Berlin-based startup, has raised €23 million ($24.7 million) in a Series A round to further develop its product and expand into new markets. The company values at €100 million ($107 million) post money. Finmid aims to help small and medium-sized businesses access capital via business partners, with a focus on providing financing options for marketplaces such as Wolt.
Company Info
Location
450 mission street, suite 201
berlin, berlin, germany
Additional Info
finmid is Europe's leading lending infrastructure provider. Built on the latest technology, finmid helps marketplaces and platforms provide tailored financial services to their clients at the right place and time.
Founded in 2021 in Berlin, finmid has enabled thousands of businesses – from restaurants to wholesalers – to access capital for growing their businesses through the platforms they use every day.