finmid
Enables software companies to integrate financial services into their product portfolio through a single API integration.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | €23.0m Valuation: €107m | Series A | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Finmid is a pioneering startup specializing in lending infrastructure for tech companies. Founded in 2021 by fintech veterans, Finmid aims to revolutionize the way businesses offer lending products to their customers. The company operates in the financial technology (fintech) market, providing essential tools that enable tech companies to offer credit cards, transaction-based lending, and working capital solutions to their business clients.
Finmid's primary clients include marketplaces, SaaS (Software as a Service) companies, digitally enabled logistics firms, and other platforms looking to expand their service offerings. By integrating Finmid's APIs (Application Programming Interfaces), these companies can seamlessly incorporate lending products into their existing services. This allows their business customers to access capital easily and efficiently, removing traditional barriers to lending.
The business model of Finmid revolves around providing a comprehensive, turnkey solution that includes prebuilt components and full integration capabilities. This means that tech companies can quickly implement Finmid's infrastructure without the need for extensive development work. Finmid makes money by charging fees for the use of its APIs and other infrastructure services.
Finmid's products are designed to be straightforward and versatile, supporting a wide range of use cases. This flexibility ensures that businesses of all sizes and types can benefit from their solutions. By focusing on lending infrastructure, Finmid allows its clients to concentrate on their core business activities while offering enhanced financial services to their customers.
In summary, Finmid is transforming the lending landscape for tech companies by providing easy-to-integrate, scalable solutions that enable businesses to offer credit and capital access to their clients. This not only helps businesses grow but also fosters financial innovation across various industries.
Keywords: lending infrastructure, fintech, APIs, credit cards, transaction-based lending, working capital, marketplaces, SaaS, logistics, financial innovation.