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

Kraken Parent Acquires Bitnomial for $550M, Strengthening Crypto Offerings

This acquisition marks a significant expansion into derivatives trading.Highlights: Kraken's parent company announces $550M acquisition of Bitnomial.Bitnomial is...

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...