Announced
Completed
Financials
Tags
Single Bidder
Minority
Friendly
Private
France
FinTech
FinTech services
Domestic
Private Equity
Venture Capital
Acquisition
Completed
Synopsis
A consortium of investors including Eurazeo, RTP Global, HEC Ventures, Allianz Trade and Target Global, Samaipata and Société Générale led a €26m Series A round in Fintecture, a fintech company. “B2B payments had been sidelined due to their high complexity, leading to a dominance of paper-based and time-consuming solutions. To help merchants fully digitize their B2B payments, we had to start from scratch and create new methods from first principles. The journey is very difficult, but totally rewarding as we have seen our merchants save considerable time and costs, and increase their sales by using our B2B transaction platform," Faysal Oudmine, Fintecture CEO.
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