- December 28, 2017
- Posted by:
- Category: FundingSMEs.com
FinTecSystems, completed its series B financing round with a transaction volume of $ 5.3 million (4.5 million euros). The round is led by the Family Office Reimann Investors, entering as an anchor investor. The existing investors Ventech (France) and LITTLEROCK will increase their investment significantly.
FinTecSytems provides fully automatic transaction analyses on the basis of online banking data. These analyses are applied by banks, financial service providers and FinTechs, among others for real-time credit assessments for online loans.
The fresh capital shall be used for strategic adjustments following the implementation of the second European Payment Services Directive (PSD2), for the provision of greater value-added depth of services as well as for further internationalisation.
|Founder / CEO||Stefan Krautkrämer|
|Deal Size||$ 5,3M|
|Previous Investors||Heilemann Ventures|
|MenschDanke Capital GmbH|