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Synopsis
Insight Partners, an American venture capital and private equity firm based in New York City, led a €25m Series A round in ExpressGroup, a fintech company. "The European working class is notoriously underserved by the fintech industry and we are going to change that by making our services available to anyone — regardless of income, language barriers, or knowledge of the tax system. We democratize financial services for this target group and beyond as our product is ideal for people who have never dealt with optimizing their finances before or rarely have touchpoints with it. We remove all the friction from the users’ side and generate cash payouts for them," Maximilian Lambsdorff, ExpressGroup CEO.
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