Amsterdam based GoodA digital financial platform for small and medium -sized businesses, today has announced an increase in € 92.3 million from the General Catalist’s Customer Price Fund (CVF).
This investment was followed by Finnum’s € 50 million series B in February 2024, the General Catalist and Northzone co-leading, brought about $ 190 million since its total funds were introduced.
Investing in the General Catalist’s growth is reported that the Finom has been allowed to spend money on their investment without mixing shareholders or taking additional risk, as General Catalist Downture exposure has taken over.
“A huge strategic win for finums that remain common catalyst as our partner“Said SliceFinam Chairman and Co-founder. “GC Customer Price Fund is not just about injection capital – it’s about injection skills and alignment. They understand our business deeply and increase in a way that preserves our equity and autonomy. With GC’s support, we can aggressively expand across Europe, we know we have a partner who shares our outlook and truly invests in our successThe “
Established in 2019, Finom is a digital financial service platform designed for the needs of European entrepreneurs and SMEs. Finam provides a broad set of financial equipment that enables business owners to open an account quickly and manage them efficiently.
The platform shows online financial management, payment, shipment and expenditure tracking facilitates. Entrepreneurship is dedicated to the growth and competition, finam provides financial solutions and operates an electronic finance organization (EMI) license across Europe.
“We have been investing in Finom since its inception and are eager to deepen our partnership. With strong growth, impressive customer holding and CVF rounds we believe that Finom is in a good position to proceed with the ambitious expansion plan across Europe“Added Zeynep yavuzPartner in the General Catalist.
Finam has expanded to the original European markets by introducing local IBN accounts in Germany, France, Italy and Spain. The agency blames stronger to their local product with the experience of non -stop user and blame the customer’s satisfaction.
The company doubled the revenue in 2021 and expected to maintain the momentum in 2021, though what they are referring to as a soft macroeconomic environment.
Finam is now serving more than 100,000 businesses across Germany, France, Spain, the Netherlands and Italy.
New funds will support the expansion of finum in the EU market as well as the acquisition of Scald customers.
As the company focuses on sustainable growth, strong units maintain economy and high customer satisfaction because it works towards the entire Eurozone coverage at the end of 2025.
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