Finway Raises €9.2M in Series A Funding

finway

Finway, a Munich, Germany-based provider of a finance operating system for SMBs, raised €9.2M in Series A funding.

The round was led by Capital 49, with participation from ForceOverMass, btov Partners and 10x group

The company intends to use the funds to accelerate growth and product development.

Founded in 2020 by Csaba Krümmer, Jennifer Dussileck and Philipp Rieger, finway provides a centralized platform covering invoicing and accounting workflows, spend and travel expense management to help SMBs eliminate a variety of time-intensive, error-prone manual tasks.

In two years, finway has acquired more than 400 customers across the DACH region, including MILES Mobility, Alasco and Recup.

The company has 60 employees working onsite and remotely from all around Germany and the world.

FinSMEs

23/02/2023