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.