Finmid: Empowering SMBs Through Embedded Fintech Solutions
April 17, 2024, 9:34 pm
Location: Finland, Mainland Finland, Helsinki
Employees: 1001-5000
Founded date: 2014
Total raised: $824.22M
Berlin-based finmid, a rising star in the world of embedded fintech solutions, recently secured a whopping €35 million in early-stage equity funding to fuel its mission of revolutionizing how small and medium-sized businesses access financing. Founded by former N26 employees Max Schertel and Alexander Talkanitsa, finmid is on a mission to empower B2B platforms to become financial partners for their customers, offering tailored financing support at scale.
The fintech landscape is evolving rapidly, with marketplaces like Wolt and Safi leveraging finmid's API and dashboard to provide flexible finance solutions to their users. By offering cash advances, working capital, and personalized financing offers directly within their platforms, these marketplaces are not only enhancing the user experience but also driving revenue growth and customer retention.
With the backing of investors like Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal, finmid is poised for success in the competitive fintech market. The company's innovative approach to business financing, which bypasses traditional banks in favor of seamless integration with B2B platforms, is gaining traction across Europe.
By leveraging real-time data, deep sector knowledge, and strategic partnerships, finmid is reshaping the financial services landscape for SMBs. With a focus on expanding into core markets, localizing operations, and enhancing financing options, finmid is well-positioned to lead the charge in empowering businesses to access the capital they need to thrive.
In a world where financial infrastructure leaves no room for error, finmid is setting a new standard for reliability and efficiency. With a clear focus on user experience and customer success, finmid is paving the way for a modern approach to business financing that puts the needs of SMBs front and center.
The fintech landscape is evolving rapidly, with marketplaces like Wolt and Safi leveraging finmid's API and dashboard to provide flexible finance solutions to their users. By offering cash advances, working capital, and personalized financing offers directly within their platforms, these marketplaces are not only enhancing the user experience but also driving revenue growth and customer retention.
With the backing of investors like Blossom Capital, Earlybird VC, and N26-founder Max Tayenthal, finmid is poised for success in the competitive fintech market. The company's innovative approach to business financing, which bypasses traditional banks in favor of seamless integration with B2B platforms, is gaining traction across Europe.
By leveraging real-time data, deep sector knowledge, and strategic partnerships, finmid is reshaping the financial services landscape for SMBs. With a focus on expanding into core markets, localizing operations, and enhancing financing options, finmid is well-positioned to lead the charge in empowering businesses to access the capital they need to thrive.
In a world where financial infrastructure leaves no room for error, finmid is setting a new standard for reliability and efficiency. With a clear focus on user experience and customer success, finmid is paving the way for a modern approach to business financing that puts the needs of SMBs front and center.