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Market
Finmid expands to five new countries by 2025?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements from finmid or coverage in international business news
Story
Berlin Fintech finmid Raises €35M for SMBs, Valued at €100M, Backed by Blossom Capital, Earlybird
Apr 17, 2024, 01:01 PM
Berlin-based fintech company finmid has successfully raised €35 million in a Series A funding round, achieving a post-money valuation of €100 million. The funding, led by Blossom Capital and Earlybird Venture Capital, will be used to expand finmid's embedded finance solutions for small and medium businesses (SMBs). These solutions aim to facilitate easier access to financial services through platforms like Wolt. The recent funding brings finmid's total raised capital to €35 million. The company was founded by former executives from N26, a well-known digital bank.
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Similar markets
Yes • 50%
No • 50%
Remains in current markets • 33%
Expands to additional countries • 33%
Becomes available globally • 33%
12-15 countries • 25%
16-19 countries • 25%
20-23 countries • 25%
24 or more countries • 25%
Expands to 5+ new EU countries • 33%
Expands to 1-4 new EU countries • 33%
No significant expansion • 33%
No expansion • 25%
1-3 countries • 25%
4-6 countries • 25%
More than 6 countries • 25%