Fintecture
Financials
Estimates*
EUR | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m |
% growth | - | (93 %) | 89 % | 114 % | 4 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | - | |
N/A | Grant | ||
$7.5m | Seed | ||
$20.4m Valuation: $125m | Early VC | ||
* | €26.0m | Series A | |
Total Funding | CAD77.1m |
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Recent News about Fintecture
EditFintecture operates in the financial technology sector, focusing on providing Open Banking API solutions that facilitate seamless SEPA transfers and compliance with PSD2 regulations. The company serves a diverse range of clients, including financial institutions, e-commerce platforms, and developers looking to integrate advanced payment solutions into their applications. Operating primarily in the European market, Fintecture leverages the PSD2 regulation to create a standardized and accessible financial ecosystem. The business model revolves around offering API access to its clients, who pay for the service based on usage and specific features. This model ensures a steady revenue stream while enabling clients to build innovative financial applications. Fintecture makes money through subscription fees, transaction fees, and premium features. The company emphasizes security and compliance, offering bank-grade encryption, strong customer authentication, and GDPR compliance. By providing a sandbox environment, Fintecture allows developers to experiment and build applications with ease, ensuring a developer-friendly experience.
Keywords: Open Banking, PSD2 compliance, SEPA transfers, financial technology, API solutions, European market, payment initiation, developer-friendly, bank-grade encryption, GDPR compliance.