HomeGermany4Stop Closes $2.5M Series A Funding Round

4Stop Closes $2.5M Series A Funding Round

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4stop4Stop, a Cologne, Germany-based global KYB, KYC, compliance and fraud prevention provider, completed a $2.5M Series A funding.

Venture capital firm Ventech made the investment.

The company intends to use the funds to expand the business, team and its solutions.

Led by Ingo Ernst, CEO, 4Stop provides businesses with a platform that aggregates information, managed services, data, software and expertise to establish an all-in-one KYB, KYC, compliance and anti-fraud solution to manage their anti-fraud processes and eliminate the need to integrate multiple 3rd party KYC data sources.

Ventech is a pan-European venture capital firm that invests in high-growth European startups with activities in the digital economy (Enterprise Software, Deep Technology, Marketplaces, Media) through its local offices in Paris, Munich and Helsinki. In China, Ventech’s Shanghai-based team manages a dedicated regional fund to invest across Asia and offer scaling and internationalisation support in Asia for European portfolio companies.
With more than €900M raised since 1998, Ventech has invested in over 150 companies in Europe, China, Russia and in the US.

FinSMEs

15/05/2019

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