Quendoo: Raises €750K in Funding

  • Quendoo, a Sofia, Bulgaria-based digital platform that allows property owners to take back control of their property bookings, payments, marketing, raised €750k in funding
  • The backers in the round, which valued the company at €5M, werenot disclosed
  • The company also intends to use the funds to expand operations
  • Quendoo also provides a platform that enables property owners and hoteliers to take back control of their bookings, payments, marketing and availability
  • The company enables owners to synchronise their choice of marketing channels and recapture revenue from direct bookings
  • The company plans to employ over 30 personnel by the end of 2022
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

US Launches Cybersecurity Sharing Channel for Crypto Firms

New initiative aims to enhance security in the cryptocurrency sector.Highlights: US government launches a new cybersecurity sharing channel...

PayPal Expands Payment Links to Canva Creators

Canva users can now easily monetize their designs with PayPal's new feature.Highlights: PayPal's payment links feature is now...

Perpetuals Strengthens AI with Quantum Resilience as a Service

The new offering promises enhanced stability and security for fintech operations.Highlights: Perpetuals launches unique Quantum Resilience as a...

Revolut Introduces AI Assistant for Money Management

New feature aims to enhance personal finance management for users.Highlights: Revolut launches an AI assistant for better money...