- UK-based Meniga secures €15 million in Series D funding.
- Total funding now stands at €55 million since its establishment in 2009.
- Groupe BPCE and Crédito Agrícola, along with VC firm Omega, join the funding round.
- Funds to expedite the implementation of a revamped growth strategy.
- Focus on developing core capabilities in data enrichment and hyper-personalized insights for the financial sector.
- Emphasis on open banking aligns with the growing interest in open finance.
- The recent partnership with Iceland’s Landsbankinn for open banking services.
- The new CEO, Dheeraj Soni, has led the strategic shift since June 2023.
- Aims to simplify product portfolio and expand into new verticals beyond banks.
- Presence in London, Reykjavik, Stockholm, and Warsaw, serving clients in 30 countries.
- Offers various solutions, including personal finance management, carbon insight, predictive analytics, and personalized engagement technologies.
- The portion of funds to be used to clear existing debt, making Meniga nearly debt-free.
