Congratulations to our portfolio company, Finanzguru, on raising a successful Series B financing round
Just one year after leading their last funding round, the Frankfurt-based fintech raised €13 million from new investors, including SCOR Ventures and PayPal Ventures, and continued support from existing investors Deutsche Bank, and coparion. The funds will be used to accelerate growth and expand its product platform, which includes a license application for payment initiation services with BaFin. After tripling revenues in the last 12 months and finishing a strong 2022, Finanzguru now provides bank-independent financial advice to over 1.5 million registered users.
We are happy to be part of this exciting journey!