Munich-based Finway scores €9.2 million to reimagine spend management for European SMBs
Summary
• The round was led by Capital 49 and new investors include ForceOverMass and renowned founders such as the family office of Paul Forster Founded in 2020 by Csaba Krümmer, Jennifer Dussileck and Philipp Rieger, finway aims to revolutionize financial processes for SMBs. Jennifer Dussileck, co-founder and chief executive officer, finway: “We are thrilled by the support of ambitious, successful investors who see the potential of fintech in B2B. Since its launch, the startup has been able to pick up more than 400 customers across the DACH region, including MILES Mobility, Alasco and Recup and has silently emerged into one of Germany’s fastest-growing B2B fintech platforms. Jack Zhang, co-founder of Airwallex and Capital 49: “It’s no secret that technology is reshaping the future of money and banking, and finway is rising to the challenge by building a solution that automates financial processes and increases efficiency for SMBs. We are so excited to be leading the investment round, and strengthen the ecosystem that is aligned with our vision to reshape the future of financial services for modern businesses.”
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