Linxo Raises €20M in Funding

Linxo, an Aix-en-Provence, France-based online personal financial management service, raised €20m in funding.

Backers included Crédit Agricole, Crédit Mutuel Arkéa and MAIF.

The company intends to use the funds to continue to develop its technology to make it available to direct users and to banks, non banking financial companies and other retail businesses, and expand into other European countries.

Led by Bruno Van Haetsdaele, Linxo provides more than 1.4 million people with an app to analyze, manage and optimize information from multiple bank accounts on one platform to make financial decisions and save money. A large percentage of users access the technology via partnering banks and insurance companies.




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