Berlin-based fintech startup Moss secures €25 million in additional funding, led by Peter Thiel's Valar Ventures
Summary
Moss initially launched in 2020, offering a new type of corporate credit card for startups and digital companies in Germany. Since its inception, more than 8,500 credit cards (both physical and virtual) have been issued and over 100,000 transactions have been processed. Moss CEO and co-founder Ante Spittler explained: “We want to help companies transform finance processes in their organizations to get the most out of their potential. Since the last financing round six months ago, not only has our number of customers quadrupled, but we have also been able to introduce remarkable product innovations such as a seamless accounting export utilizing the DATEV API and digital processes for approving and managing invoices. In addition to internationalization, the team around the founders Ante Spittler, Anton Rummel, Ferdinand Meyer and Stephan Haslebacher is planning further product innovations such as an overview of company liquidity, as well as more comprehensive financing solutions.
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