Linxo, an Aix-en-Provence, France-based mobile and online personal financial management service, raised €2m in funding.
Backers include existing investor Crédit Mutuel Arkéa and new shareholder Crédit Agricole’s Fireca.
The company intends to use the funds to support the international growth of the company.
Founded in 2010 by Bruno Van Haetsdaele, Founder and CEO, Linxo provides consumers with a platform to analyze, manage and optimize their financial assets. It allows them to budget, compare, and evaluate their personal assets to make better decisions, save money and use assets better in a single centralized interface.
The company has also built an algorithm predicting the trend of a bank account.
To date, the app has been used by over 850k people.