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

Regulators Strengthen Global Crackdown on Finfluencers

A new collaborative approach targets financial influencers amid rising concerns.Highlights: Financial regulators unite to control finfluencers' market impact.Concerns...

ECB Strengthens Digital Euro Rollout with Standard Setter Agreements

New collaborations aim to facilitate the digital euro's global integration.Highlights: ECB partners with key global standard setters.Agreements aim...

CreditNature Strengthens Nature Restoration Funding Through Everyday Transactions

New partnership enables businesses to support environmental initiatives seamlessly.Highlights: CreditNature teams up with Stabiliti for eco-friendly funding.Businesses can...

FedNow Strengthens Instant Payments Security with New API Tool

New API tool enhances security for immediate digital transactions in the U.S.Highlights: FedNow introduces a new API tool...