CommerzVentures

CommerzVentures GmbH is a venture capital firm based in Frankfurt, Germany, founded in 2014. Initially established as the venture capital arm of Commerzbank, it became an independent investment management company in 2019. The firm specializes in early- and growth-stage investments, primarily targeting the fintech and insurtech sectors. CommerzVentures seeks to invest between €2 million and €10 million in startups, focusing on companies located in Europe, Israel, and the United States. The firm aims to collaborate with innovative entrepreneurs, providing them access to key decision-makers in the banking and insurance industries to support their growth.

Christian Deger

Venture Partner

Lorenz Hering

Senior Associate

Andreas Ioannou

Associate

Patrick Meisberger

Co-Founder and Managing Partner

Alexandre Moreillon

Principal

Paul Morgenthaler

Managing Partner

Hangwi Muambadzi

Principal and Head of Africa

Heiko Schwender

Managing Partner

Stefan Tirtey

Managing Partner

Judith Vogel

Senior Associate

Jonas Wenke

Principal

44 past transactions

Sabi

Series B in 2023
Sabi is a B2B network designed to enhance commerce within the informal trade sector. It aims to accelerate the flow of transactions by facilitating connections among stakeholders. The company offers a comprehensive e-commerce logistics infrastructure that serves both micro and small enterprises. Sabi's platform includes features such as digital ledgers for cash management, interfaces for wholesale business-to-business transactions, group buying options, and logistical support. These services are tailored to help merchants access essential tools, reach new customers, improve cash flow, and streamline their logistics processes. Through its innovative approach, Sabi enables businesses to thrive in a competitive marketplace.

onafriq

Series C in 2022
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

Climate X

Seed Round in 2022
Climate X specializes in climate risk management by providing advanced data and analytics that quantify the potential physical risks associated with climate change through to 2100. The company assesses how different climate scenarios may lead to extreme weather events, allowing for the calculation of financial impacts on assets affected by these events. By running calculations across millions of assets globally, Climate X enables businesses of all sizes to swiftly identify climate-related risks, develop climate-resilient strategies, and meet emerging regulatory requirements. Their approach combines climate models with current real-world data, facilitating informed decision-making for both businesses and governments in response to changing environmental conditions.

onafriq

Series C in 2021
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

Alviere

Series B in 2021
Developer of an embedded finance platform designed to empower brands to offer financial services to their customers. The company's software and services give businesses a flexible framework to launch new financial service lines of business aimed at increasing profits, enabling customer relationships and insights, and increasing customer satisfaction and retention.

Getsafe

Series B in 2021
GetSafe GmbH is a digital insurance company based in Heidelberg, Germany, founded in 2014. The company offers a user-friendly platform that allows customers to manage their insurance policies digitally, providing a simple and enjoyable experience. GetSafe provides various insurance products, including liability, contents, and car insurance in Germany, as well as contents insurance in the UK. By leveraging technology and automation, GetSafe streamlines the insurance process, enabling customers to file claims or adjust their coverage quickly and easily through their smartphones. This approach replaces traditional complexity and paperwork with smart bots, enhancing the overall efficiency and accessibility of insurance services.

Hedvig

Series B in 2021
Hedvig AB, founded in 2016 and based in Stockholm, Sweden, operates as an insurance representative offering a range of products tailored for modern consumers. The company provides insurance services for rented properties and condominiums, travel, and personal property, including coverage for items such as phones and bicycles. Additionally, Hedvig offers a multi-insurance service that covers home, contents, accidents, and car insurance, all with a fixed fee structure and a fully digitized claims process. This innovative approach aims to simplify insurance for clients, ensuring they receive fair support and assistance when needed.

ClimateView

Series A in 2021
ClimateView AB, founded in 2017 and based in Stockholm, Sweden, specializes in climate data solutions for cities and nations. The company has developed Climate Panorama, a software platform that aggregates and visualizes climate data, enabling cities to monitor greenhouse gas emissions effectively. ClimateView operates on principles of agility, focusing on visualization, collective intelligence, and transparency to address the complexities of climate change. Its tools are designed to assist urban planners and policymakers in making informed decisions to combat climate breakdown.

Doconomy

Venture Round in 2021
Doconomy AB is a Sweden-based fintech company that specializes in digital banking services aimed at promoting sustainable lifestyles. Founded in 2018 and headquartered in Stockholm, Doconomy provides the DO application, which tracks carbon dioxide emissions associated with online purchases. The company also offers DO Black, a credit card designed with a carbon limit to encourage environmentally conscious spending. By integrating tools that calculate the carbon impact of financial transactions, Doconomy empowers consumers to understand and reduce their environmental footprint. Their approach connects consumers, producers, retailers, and influencers within a circular ecosystem, fostering sustainable behavior and incentivizing reductions in unsustainable consumption.

Afilio

Series A in 2021
Afilio - Gesellschaft für Vorsorge mbH operates an internet platform designed for the preparation and administration of pension and estate documents. Founded in 2017 and based in Berlin, Germany, Afilio enables users to create and manage a variety of important legal documents, including living wills, preventive powers of attorney, pension plans, and testament templates. The platform also facilitates the ordering and drafting of individual authorizations, transmission of information to government authorities, and notifications regarding legal changes affecting users' documents. By focusing on the automated management of pension documents, Afilio aims to help individuals protect themselves and their families against emergencies and the challenges associated with aging, such as illness.

ManyPets

Series D in 2021
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance. Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round. o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution. Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members. Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round. Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd - the UK’s leading provider of insurance for exotic pets and pet businesses. Named Fintech Innovation of the Year & Insurance Start Up of the Year. o 2016: Innovation in Insurance Award at the Fintech Innovation Awards. Named in the FinTech 50. Signed long-term insurance agreement with Munich Re. Completed Series A funding round. o 2017: Launched Bought By Many-branded cat and dog insurance product range. o 2019: Named most trusted pet insurance provider at the 2019 Moneywise Customer Service Awards. Launched Bought By Many cat and dog insurance in Sweden. o 2020: Covers more than 200,000 pets in the UK. They have an exceptional team of 150, based across sites in Farringdon, Central London; Haywards Heath, Sussex; Birmingham; and Sweden. They're always interested to hear from people who'd like to learn about career opportunities at Bought By Many, and they're currently recruiting for web development, business analysis, & project management roles.

360X

Corporate Round in 2021
360X is developing a transaction marketplace designed for trading art and real estate investments. The company aims to facilitate investment in these asset classes by creating a platform that allows investors to engage with illiquid assets. By initially focusing on art and real estate, 360X plans to support debut transactions in each sector, thereby providing new investment opportunities and fostering an ecosystem for these types of assets.

Alviere

Series A in 2021
Developer of an embedded finance platform designed to empower brands to offer financial services to their customers. The company's software and services give businesses a flexible framework to launch new financial service lines of business aimed at increasing profits, enabling customer relationships and insights, and increasing customer satisfaction and retention.

Getsafe

Series B in 2020
GetSafe GmbH is a digital insurance company based in Heidelberg, Germany, founded in 2014. The company offers a user-friendly platform that allows customers to manage their insurance policies digitally, providing a simple and enjoyable experience. GetSafe provides various insurance products, including liability, contents, and car insurance in Germany, as well as contents insurance in the UK. By leveraging technology and automation, GetSafe streamlines the insurance process, enabling customers to file claims or adjust their coverage quickly and easily through their smartphones. This approach replaces traditional complexity and paperwork with smart bots, enhancing the overall efficiency and accessibility of insurance services.

Runa

Series A in 2020
Businesses from every walk of life use rewards to acquire, retain and thank customers but the current process is broken. Sending rewards, incentives and non-cash payouts is manual, expensive, time-consuming and error-prone. WeGift changes this. Operating in more than 30 countries, in 22 languages, 20 currencies, with over 700 brand partners, and hundreds of clients, like Perkbox, Sodexo, New Look and Halfords among others, WeGift’s cloud-based, open API solutions allow businesses to transfer value to consumers, in real-time and globally. Established in 2016, WeGift is backed by leading entrepreneurs and investors.

Hedvig

Series A in 2020
Hedvig AB, founded in 2016 and based in Stockholm, Sweden, operates as an insurance representative offering a range of products tailored for modern consumers. The company provides insurance services for rented properties and condominiums, travel, and personal property, including coverage for items such as phones and bicycles. Additionally, Hedvig offers a multi-insurance service that covers home, contents, accidents, and car insurance, all with a fixed fee structure and a fully digitized claims process. This innovative approach aims to simplify insurance for clients, ensuring they receive fair support and assistance when needed.

Concirrus

Venture Round in 2020
Concirrus Ltd. operates a cloud-based platform that connects various data sources and devices, enabling the management and organization of information from products and machines linked through the Internet. Founded in 2012, the company specializes in leveraging Internet of Things (IoT) data to transform businesses across multiple sectors, including healthcare, security, mining, insurance, and energy. Concirrus offers a range of custom solutions, including consultancy, planning, implementation, and support services, alongside pre-built applications for asset security, fleet management, smart energy, and patient monitoring. Their focus extends to providing insights and rating factors for the insurance industry, employing advanced analytics and machine learning to enhance risk management and operational efficiency. Additionally, Concirrus operates an incident monitoring center for theft recovery and asset security. The company is headquartered in London and has established strategic partnerships to further its technological offerings.

Curv

Series A in 2020
Curv is a developer of digital asset security infrastructure helping crypto-native and financial institutions to create digital wallets. The company's security technology is enabling users to build crypto finance products that safely transfer, store, and manage any digital asset on any blockchain or digital system for recording transactions. Its research and development office is located in Tel Aviv, Israel. Curv's decentralized security model utilizes multi-party computation (MPC) protocols, enabling transactions to be securely signed in a mathematically-proven, distributed way. Its enterprise-grade policy engine allows clients to define risk profiles and enforce granular policies to ensure only authorized transactions are allowed. Dan Yadlin and Itay Malinger established the company in New York, New York in 2018.

By Miles

Series B in 2020
By Miles Limited, established in 2015 and headquartered in Bootle, United Kingdom, specializes in pay-per-mile car insurance tailored for low mileage drivers. The company offers a smartphone application that tracks vehicle usage and charges customers based on the exact distance driven. This innovative model combines a fixed monthly subscription with additional charges per mile, allowing drivers to save on insurance costs by only paying for the miles they actually drive. The app provides users with visibility into their journeys and includes features designed to simplify their driving experience. By Miles aims to provide a fairer and more flexible approach to car insurance, catering specifically to the needs of low mileage users.

ManyPets

Series C in 2020
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance. Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round. o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution. Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members. Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round. Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd - the UK’s leading provider of insurance for exotic pets and pet businesses. Named Fintech Innovation of the Year & Insurance Start Up of the Year. o 2016: Innovation in Insurance Award at the Fintech Innovation Awards. Named in the FinTech 50. Signed long-term insurance agreement with Munich Re. Completed Series A funding round. o 2017: Launched Bought By Many-branded cat and dog insurance product range. o 2019: Named most trusted pet insurance provider at the 2019 Moneywise Customer Service Awards. Launched Bought By Many cat and dog insurance in Sweden. o 2020: Covers more than 200,000 pets in the UK. They have an exceptional team of 150, based across sites in Farringdon, Central London; Haywards Heath, Sussex; Birmingham; and Sweden. They're always interested to hear from people who'd like to learn about career opportunities at Bought By Many, and they're currently recruiting for web development, business analysis, & project management roles.

omni:us

Series A in 2020
omni:us is a developer of insurance claims automation software that leverages advanced artificial intelligence and natural language processing to enhance the efficiency of claims processing. The omni:us Platform allows insurers to create customized modules and swiftly integrate AI into their operations through the Cognitive Claims Kit, which addresses various use cases along the claims value chain, including document intake and coverage verification. The software is designed to work seamlessly with legacy systems, requiring no in-house AI expertise for implementation. By utilizing handwritten text recognition technology, omni:us automates data-intensive workflows and generates comprehensive claims profiles. The company aims to foster a hybrid workflow where human and machine collaboration enhances productivity. Headquartered in Berlin, omni:us has a research partnership in Barcelona and maintains a presence in the UK, France, and the United States, serving clients such as Allianz, Baloise, and AmTrust.

Getsafe

Series A in 2019
GetSafe GmbH is a digital insurance company based in Heidelberg, Germany, founded in 2014. The company offers a user-friendly platform that allows customers to manage their insurance policies digitally, providing a simple and enjoyable experience. GetSafe provides various insurance products, including liability, contents, and car insurance in Germany, as well as contents insurance in the UK. By leveraging technology and automation, GetSafe streamlines the insurance process, enabling customers to file claims or adjust their coverage quickly and easily through their smartphones. This approach replaces traditional complexity and paperwork with smart bots, enhancing the overall efficiency and accessibility of insurance services.

Marqeta

Series E in 2019
Marqeta is a modern card issuing platform that provides infrastructure and tools to help companies build and manage payment programs. With its open API, the Marqeta platform is designed for businesses that want a simple and tailored way of managing payment programs so that they can create experiences and power new modes of commerce. Marqeta is headquartered in Oakland, California. It operates in the United States, Canada, Europe, and Australia and is certified to process payments in 10 countries in APAC.

Mosaic Smart Data

Funding Round in 2019
Mosaic Smart Data Limited operates an online platform that provides data analytics solutions tailored for capital market participants, specifically in the fixed income, currencies, and commodities (FICC) sectors. Founded in 2014 and based in London, the company consolidates various data sets to deliver real-time insights that enable trading, sales, and management teams to monitor their FICC operations at any level of detail. The platform integrates seamlessly with existing infrastructure, offering granular analysis of client trading flows across key metrics such as product, instrument, and venue. By transforming complex data into actionable intelligence, Mosaic Smart Data helps financial institutions navigate regulatory challenges and enhance business opportunities, ultimately empowering professionals to meet client needs effectively. The company operates as a subsidiary of JPMorgan Chase Holdings LLC.

Bankin'

Series B in 2019
Bankin' is a mobile application focused on simplifying money management for users across Europe. With a user base exceeding 1.5 million in countries such as France, England, Spain, and Germany, Bankin' stands out as an independent entity, free from bank affiliations. This independence allows the company to offer unbiased guidance tailored to individual financial needs. The platform utilizes a combination of intelligent algorithms and human coaching to present users with personalized options related to savings, credit, and insurance. By emphasizing transparency and efficiency, Bankin' aims to empower users to manage their finances easily, enabling them to concentrate on more important aspects of their lives.

Mambu

Series C in 2019
Mambu GmbH is a Berlin-based software-as-a-service provider that specializes in banking solutions for managing credit and deposit products. Established in 2011, the company offers a comprehensive platform that enables financial institutions of all sizes, including fintech startups and traditional banks, to design, launch, and scale their banking portfolios. Mambu's services include loan product development, credit risk assessment, and document management, which enhance operational efficiency and data quality. Its platform supports over 7,000 products and serves more than eight million end customers across 46 countries. Additionally, Mambu facilitates features such as account opening, portfolio management, and task automation, thereby streamlining workflows for its clients. With offices in key global locations, Mambu is positioned to support a diverse range of financial institutions, from retail banks to microfinance organizations.

OpenLegacy

Series B in 2018
OpenLegacy Inc. specializes in developing Application Program Interface (API) software that transforms legacy systems into modern digital services. Founded in 2012 and headquartered in Reston, Virginia, with additional offices in several locations including New Jersey, Illinois, Texas, Switzerland, Mexico, Israel, and Hong Kong, the company offers solutions for automated legacy modernization and enterprise application integration. OpenLegacy's technology allows organizations to connect directly to complex legacy systems, generating APIs rapidly and enabling quick integration into new innovations. This approach facilitates the deployment of standard microservices or serverless functions, significantly enhancing operational speed and flexibility while reducing costs. As a result, companies using OpenLegacy can launch new applications, features, and updates in days rather than months, driving their digital transformation efforts.

OpenLegacy

Series B in 2018
OpenLegacy Inc. specializes in developing Application Program Interface (API) software that transforms legacy systems into modern digital services. Founded in 2012 and headquartered in Reston, Virginia, with additional offices in several locations including New Jersey, Illinois, Texas, Switzerland, Mexico, Israel, and Hong Kong, the company offers solutions for automated legacy modernization and enterprise application integration. OpenLegacy's technology allows organizations to connect directly to complex legacy systems, generating APIs rapidly and enabling quick integration into new innovations. This approach facilitates the deployment of standard microservices or serverless functions, significantly enhancing operational speed and flexibility while reducing costs. As a result, companies using OpenLegacy can launch new applications, features, and updates in days rather than months, driving their digital transformation efforts.

Fraugster

Series B in 2018
Fraugster Limited is a German-Israeli company that specializes in anti-fraud technology, leveraging artificial intelligence to help businesses combat fraud and enhance profitability. Established in 2014 and headquartered in Leeds, United Kingdom, Fraugster offers an advanced behavioral analytics engine designed to predict and prevent fraudulent activities before they occur. Unlike traditional anti-fraud solutions, which often rely on outdated technologies and rule-based systems, Fraugster's platform adapts in real-time to emerging fraud patterns, significantly improving accuracy and effectiveness. In addition to its core offerings, the company also runs Fraugster Academy, providing educational resources that range from coding classes to workshops on forensic profiling. This holistic approach positions Fraugster as a leader in the fight against cyber threats, enabling clients to minimize risks while maximizing conversion rates.

ManyPets

Series B in 2018
Bought By Many is the multi-award-winning pet insurance provider that is disrupting insurance distribution. They do this by analysing anonymised internet search data and customer research to identify unmet consumer needs for insurance. Key company milestones are as follows: o 2012: Launched boughtbymany.com. Completed seed funding round. o 2013: Named Insurance Website of the Year. o 2014: Identified by Boston Consulting Group & Morgan Stanley as the global exemplar of innovation in insurance distribution. Awarded Best Use of Mobile Technology at the Digital Insurance Awards. o 2015: Surpassed 100,000 members. Launched SaaS platform in China in partnership with Ping An Insurance. Completed second funding round. Became directly regulated by the FCA. Acquired Brooks Braithwaite (Sussex) Ltd - the UK’s leading provider of insurance for exotic pets and pet businesses. Named Fintech Innovation of the Year & Insurance Start Up of the Year. o 2016: Innovation in Insurance Award at the Fintech Innovation Awards. Named in the FinTech 50. Signed long-term insurance agreement with Munich Re. Completed Series A funding round. o 2017: Launched Bought By Many-branded cat and dog insurance product range. o 2019: Named most trusted pet insurance provider at the 2019 Moneywise Customer Service Awards. Launched Bought By Many cat and dog insurance in Sweden. o 2020: Covers more than 200,000 pets in the UK. They have an exceptional team of 150, based across sites in Farringdon, Central London; Haywards Heath, Sussex; Birmingham; and Sweden. They're always interested to hear from people who'd like to learn about career opportunities at Bought By Many, and they're currently recruiting for web development, business analysis, & project management roles.

Payworks

Series B in 2018
Payworks is the provider of a next generation Point of Sale payment gateway technology. With Payworks technology, developers of Point of Sale solutions for merchants can quickly and cost-efficiently integrate card payment functionality into their applications, and securely process EMV, contactless and mobile wallet transactions at the Point of Sale. With headquarters in Germany and offices in the UK, the US and Poland, Payworks provides its technology to leading acquirers and payment providers globally. Payworks was acquired by Visa in July 2019.

Realbest

Venture Round in 2017
realbest Germany GmbH, founded in 2013 and based in Berlin, operates Germany's first online marketplace for residential real estate. The platform facilitates the entire sales process, starting from property valuation for sellers to online reservations by buyers. It serves private estate sellers, prospective buyers, financial service providers, and estate agents, creating a comprehensive digital ecosystem. By digitizing the transaction process, realbest enhances efficiency and transparency, allowing market professionals to manage real estate deals both online and offline. This approach not only accelerates the purchasing process but also broadens the reach of property listings, thereby maximizing customer potential and enabling sellers to achieve optimal prices for their properties.

OmnyWay

Series A in 2017
Omnyway specializes in providing a contextual digital commerce platform tailored for retailers, banks, and brands. This cloud-based platform facilitates mobile payments and offers branded currency systems that help reduce payment costs while enhancing sales through the integration of loyalty, rewards, and promotions. Additionally, Omnyway provides an omnichannel mobile payments solution that allows users to create a seamless payment and rewards experience. This incentivizes customers to utilize the preferred payment methods of retailers, thereby fostering greater engagement and loyalty. The platform's features include rapid deployment, global scalability, open API, security measures, and built-in analytics, enabling businesses to efficiently and securely accept payments at physical locations.

PayKey

Series B in 2017
PayKey enables banks to provide their customers with the ability to initiate and complete a range of financial services, including P2P payments, chatbot engagement, balance check, cardless withdrawal, and more, from within any mobile application. Offering a cross-platform banking button on the smartphone’s keyboard boosts the bank’s brand engagement while making the banking experience quick, contextual, and simple for users. Banks are battling to remain relevant as they face an unprecedented competitive environment coupled with changing consumer expectations for instantaneous, highly-efficient, and seamless financial experiences. In a time where consumers expect to access services from any channel at any time, PayKey is helping banks to improve their user experience and boost their brand engagement by enabling their customers to access financial services from within any mobile application.

Marqeta

Series D in 2017
Marqeta is a modern card issuing platform that provides infrastructure and tools to help companies build and manage payment programs. With its open API, the Marqeta platform is designed for businesses that want a simple and tailored way of managing payment programs so that they can create experiences and power new modes of commerce. Marqeta is headquartered in Oakland, California. It operates in the United States, Canada, Europe, and Australia and is certified to process payments in 10 countries in APAC.

Bankin'

Series A in 2017
Bankin' is a mobile application focused on simplifying money management for users across Europe. With a user base exceeding 1.5 million in countries such as France, England, Spain, and Germany, Bankin' stands out as an independent entity, free from bank affiliations. This independence allows the company to offer unbiased guidance tailored to individual financial needs. The platform utilizes a combination of intelligent algorithms and human coaching to present users with personalized options related to savings, credit, and insurance. By emphasizing transparency and efficiency, Bankin' aims to empower users to manage their finances easily, enabling them to concentrate on more important aspects of their lives.

PayKey

Series A in 2016
PayKey enables banks to provide their customers with the ability to initiate and complete a range of financial services, including P2P payments, chatbot engagement, balance check, cardless withdrawal, and more, from within any mobile application. Offering a cross-platform banking button on the smartphone’s keyboard boosts the bank’s brand engagement while making the banking experience quick, contextual, and simple for users. Banks are battling to remain relevant as they face an unprecedented competitive environment coupled with changing consumer expectations for instantaneous, highly-efficient, and seamless financial experiences. In a time where consumers expect to access services from any channel at any time, PayKey is helping banks to improve their user experience and boost their brand engagement by enabling their customers to access financial services from within any mobile application.

iwoca

Series C in 2016
Iwoca provides small business credit finance services in the United Kingdom. It offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities. It serves retailers, restaurants, hotels, service providers, and more. Christoph Rieche and James Dear founded iwoca on October 1, 2011. iwoca's headquarters is located in London in the United Kingdom.

Mambu

Series B in 2016
Mambu GmbH is a Berlin-based software-as-a-service provider that specializes in banking solutions for managing credit and deposit products. Established in 2011, the company offers a comprehensive platform that enables financial institutions of all sizes, including fintech startups and traditional banks, to design, launch, and scale their banking portfolios. Mambu's services include loan product development, credit risk assessment, and document management, which enhance operational efficiency and data quality. Its platform supports over 7,000 products and serves more than eight million end customers across 46 countries. Additionally, Mambu facilitates features such as account opening, portfolio management, and task automation, thereby streamlining workflows for its clients. With offices in key global locations, Mambu is positioned to support a diverse range of financial institutions, from retail banks to microfinance organizations.

Getsafe

Seed Round in 2015
GetSafe GmbH is a digital insurance company based in Heidelberg, Germany, founded in 2014. The company offers a user-friendly platform that allows customers to manage their insurance policies digitally, providing a simple and enjoyable experience. GetSafe provides various insurance products, including liability, contents, and car insurance in Germany, as well as contents insurance in the UK. By leveraging technology and automation, GetSafe streamlines the insurance process, enabling customers to file claims or adjust their coverage quickly and easily through their smartphones. This approach replaces traditional complexity and paperwork with smart bots, enhancing the overall efficiency and accessibility of insurance services.

Marqeta

Series C in 2015
Marqeta is a modern card issuing platform that provides infrastructure and tools to help companies build and manage payment programs. With its open API, the Marqeta platform is designed for businesses that want a simple and tailored way of managing payment programs so that they can create experiences and power new modes of commerce. Marqeta is headquartered in Oakland, California. It operates in the United States, Canada, Europe, and Australia and is certified to process payments in 10 countries in APAC.

iwoca

Series B in 2015
Iwoca provides small business credit finance services in the United Kingdom. It offers finance for businesses for various purposes ranging from bridging short-term cashflow gaps to investing in stock opportunities. It serves retailers, restaurants, hotels, service providers, and more. Christoph Rieche and James Dear founded iwoca on October 1, 2011. iwoca's headquarters is located in London in the United Kingdom.

eToro

Series D in 2015
eToro is a social trading investment network that facilitates financial trading by allowing users to observe and replicate the trading activities of others. Established in 2007 and headquartered in London, the platform aims to democratize access to global markets by providing tools for both manual and automated trading across various asset classes, including traditional investments and cryptocurrencies. Its key features include the OpenBook and WebTrader platforms, which enable users to share live trading insights and learn from one another. eToro's model fosters a collaborative environment where investors can leverage the expertise of their peers while making informed trading decisions. The company also maintains registered offices in Cyprus and Israel, operating as a subsidiary of eToro Group Limited.
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