Fintecture: Closes €26 million Series A funding round
- Fintecture is a secure and a scalable API connecting different kinds of businesses on one side and banks APIs
- Announces a new Series A funding round of €26 million with new investors Eurazeo, RTP Global
- The funding will enable it to further extend its position as the leader in the European B2B payments market
- The B2B transactions market is massive, with more than 130 trillion euros traded annually between businesses
- Yet more than 90% of transactions are conducted offline and more than 50% are still paid via manual or paper-based solutions
- The company has grown from 7 to 80 talents, attracting key employees from over 15 nationalities, working across Europe
