• FOUNDING YEAR: 2012
    LOCATION:
    Germany
    REGION:
    Hamburg
    Last Update:
    16 Mar, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Banking as service platform
MAIN CLIENTS:
Cardwise, Xpenditure, Pactas GmbH, Deutsche Post DHL Group
EXISTING PARTNERSHIPS:
Billomot, Fastbill, Xpenditure, Skelpo, Pactas

PEOPLE

FOUNDERS:
Andre Bajorat
Board Members and Advisors:
Rafael Otero, Arnulf Keese, Jochen Siegert, Ulrich Hegge
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
High-Tech Gruenderfonds, Matthias Lamberti, André M. Bajorat, Sherpa Ventures, Xminus Partners, DB1 Ventures
KEY EMPLOYEES:
Ulrich Hegge (Advisor)

TRACTION

VALUATION / MARKET CAP:
$47.8 MM in 2016
ACTIVE USERS:
0.0300
COMMENT:
It have customers and more than 55 million online banking accounts in Germany and Austria.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$10.91 Millions
DATE OF LAST FUNDING:
Mar 2017
SEED & PRIOR FUNDING:
$778.19 K
SEED CLOSED ON:
May 2013
FUNDING SERIES:
SERIES A
$2.96 Millions Closed: Nov 2015
SERIES B
$7.17 Millions Closed: Nov 2016
LISTED:
NO
COMMENT:
An undisclosed venture fund raised in Mar 2017.

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