CommerzVentures

Founded in October 2014, CommerzVentures is the corporate venture capital fund of Commerzbank Group. They back early- and growth-stage companies in the financial services and insurance sectors, starting at Series A. They aspire to invest in the very best startups in a given sector. They operate like an independent financial investor, with financial return being their main objective. For their portfolio companies, they offer access to key decision makers within Commerzbank Group and other relevant players in banking and insurance. Their initial investment size ranges from €2 million to €10 million. They invest mostly in Europe, Israel, and the USA. always looking to work with entrepreneurs who have vision and enthusiasm! They are very fortunate to have a team that blends talent and experience. Collectively, they have accumulated more than 50 years of international experience in venture capital and financial services.

Lorenz Hering

Associate

Jenny Langer

Team Assistant

Patrick Meisberger

Managing Partner

Joachim Merten

CFO

Alexandre Moreillon

Principal

Paul Morgenthaler

Partner

Heiko Schwender

Partner

Stefan Tirtey

Managing Partner

Jonas Wenke

Senior Associate

60 past transactions

Boughtbymany

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.

Marqeta, Inc.

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.

Mambu

Series B in 2016
Mambu is a software-as-a-service banking engine provider that powers lending and deposit services. The company provides financial institutions of all sizes to design, launch, service, and scale their banking and lending portfolio. It empowers over 7,000 loan and deposit products which serve over eight million end customers. With more than three million active accounts in over 46 countries, ranging from fintech to traditional banks.

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.

Doconomy AB

Venture Round in 2021
Doconomy is a Sweden-based fintech company that offers digital banking services. Their vision is of enabling a sustainable lifestyle for everyone. Doconomy wants to inspire change in behaviour and reduce unsustainable consumption and carbon emissions. Doconomy activates a circular ecosystem, connecting the consumer, the producer, the retailer and influencer to futureproof planet earth, and achieve a sustainable lifestyle for all.

GetSafe GmbH

Private Placement in 2019
Getsafe is a digital insurance company creating a better insurance experience for everyone that is easy, flexible, and enjoyable. With its strong technological backbone, the company offers liability, contents and car insurance in Germany and contents insurance in the UK. Getsafe replaces complexity and manual paperwork with smart bots and automation, allowing customers to file claims or change their coverage in real-time with just a few clicks.

Sabi Am

Series B in 2023
Sabi Am is a category agnostic B2B network for informal trade focused on accelerating the velocity of commerce by enabling stakeholders in the informal sector to access and offer value amongst each other.

Climate X

Seed Round in 2022
Climate X provides next-generation climate data and analytics, quantifying how different climate-change pathways could result in physical risks until 2100 (the probability and severity of extreme weather events). They bring this into a real-world impact by calculating a £/$ impact to assets impacted by those events. The projections are done at scale – running calculations automatically across millions of assets anywhere in the world– enabling companies of any size to quickly identify climate related-risks, build climate-resilient business strategies and comply with incoming regulatory requirements (stress testing and scenario analysis, ICAAP, TCFD being just a few).

GetSafe GmbH

Series B in 2021
Getsafe is a digital insurance company creating a better insurance experience for everyone that is easy, flexible, and enjoyable. With its strong technological backbone, the company offers liability, contents and car insurance in Germany and contents insurance in the UK. Getsafe replaces complexity and manual paperwork with smart bots and automation, allowing customers to file claims or change their coverage in real-time with just a few clicks.

MFS Africa

Series C in 2022
MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.

OMNIUS GmbH

Private Placement in 2018
OMNIUS GmbH designs and develops document processing solution using artificial intelligence. The company's products include omni:us Claims, which allows semantic document classification and extraction for all forms of documents, such as multipage, multi layout, handwritten, and optical character recognition. Its omni:us policy product delivers structured data from policy documents which integrates into workflows, processes, and legacy systems. The company serves customers in insurance, banking, wholesale, and logistics industries. OMNIUS GmbH was founded in 2015 and is based in Berlin, Germany.

Hedvig

Series A in 2020
Hedvig AB acts as an insurance representative. It offers insurance for rented and condominiums, as well as travel insurance and property insurance for phones to bicycles. The company was founded in 2016 and is based in Stockholm, Sweden.

By Miles

Series B in 2020
By Miles Limited develops a smart phone application that provides pay-per-mile car insurance. It offers a fixed monthly subscription and then let's the customer pay on a flexible, per journey basis. By Miles Limited was incorporated in 2015 and is based in Bootle, United Kingdom with additional office in Hammersmith, London.

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.

GetSafe GmbH

Series B in 2020
Getsafe is a digital insurance company creating a better insurance experience for everyone that is easy, flexible, and enjoyable. With its strong technological backbone, the company offers liability, contents and car insurance in Germany and contents insurance in the UK. Getsafe replaces complexity and manual paperwork with smart bots and automation, allowing customers to file claims or change their coverage in real-time with just a few clicks.

Boughtbymany

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.

GetSafe GmbH

Series A in 2019
Getsafe is a digital insurance company creating a better insurance experience for everyone that is easy, flexible, and enjoyable. With its strong technological backbone, the company offers liability, contents and car insurance in Germany and contents insurance in the UK. Getsafe replaces complexity and manual paperwork with smart bots and automation, allowing customers to file claims or change their coverage in real-time with just a few clicks.

OmnyWay

Series A in 2017
Omnyway is specializing in retailers, banks, and brands through its contextual digital commerce platform, It also offers branded mobile payment and currency systems that reduce payment costs, while increasing sales by the integration of loyalty, rewards, and promotions with payment. The company also offers an omnichannel mobile payments solution that enables users to deliver an integrated payment and rewards experience, incentivizing customers to use the payment type of the retailers’ choice.

By Miles

Private Placement in 2020
By Miles Limited develops a smart phone application that provides pay-per-mile car insurance. It offers a fixed monthly subscription and then let's the customer pay on a flexible, per journey basis. By Miles Limited was incorporated in 2015 and is based in Bootle, United Kingdom with additional office in Hammersmith, London.

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.

Curv

Private Placement 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.

Mosaic Smart Data

Funding Round in 2019
Mosaic Smart Data Limited owns and operates an online platform that provides data analytics solutions. It consolidates diverse data sets allowing capital market participants to unite their fixed income, currencies, and commodities (FICC) trading data into a real time viewpoint. It enables each function – trading, sales, and managers - to see what is going on in the FICC business in real time and at any level of detail. Mosaic Smart Data Limited was incorporated in 2014 and is based in London, United Kingdom. Mosaic Smart Data Limited operates as a subsidiary of JPMorgan Chase Holdings LLC.

Marqeta, Inc.

Private Placement 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.

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.

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.

Fraugster Limited

Series B in 2018
Fraugster Limited designs and builds anti-fraud and security systems. It offers artificial intelligence and behavioral analytics engine that helps users to foresee fraudulent attacks before they actually happen. The company also provides Fraugster Academy that offers courses ranging from coding classes, through forensic profiling workshops to talks by guest speakers. Fraugster Limited was incorporated in 2014 and is based in Leeds, United Kingdom.

OpenLegacy

Private Placement in 2018
OpenLegacy Inc. develops Application Program Interface (API) software to create digital services from core (legacy) system. It offers OpenLegacy, a solution for automated legacy modernization and enterprise application integration that provides enterprises with a solution for midrange and mainframe environments for doing business in the cloud, mobile, and Web. Its software simplifies the digital transformation process by generating APIs quickly. The company was founded in 2012 and is based in Reston, Virginia with additional offices in Princeton, New Jersey; Chicago, Illinois; Dallas, Texas; Switzerland; Mexico; Israel; and Hong Kong.

Mosaic Smart Data

Private Placement in 2019
Mosaic Smart Data Limited owns and operates an online platform that provides data analytics solutions. It consolidates diverse data sets allowing capital market participants to unite their fixed income, currencies, and commodities (FICC) trading data into a real time viewpoint. It enables each function – trading, sales, and managers - to see what is going on in the FICC business in real time and at any level of detail. Mosaic Smart Data Limited was incorporated in 2014 and is based in London, United Kingdom. Mosaic Smart Data Limited operates as a subsidiary of JPMorgan Chase Holdings LLC.

OpenLegacy

Series B in 2018
OpenLegacy Inc. develops Application Program Interface (API) software to create digital services from core (legacy) system. It offers OpenLegacy, a solution for automated legacy modernization and enterprise application integration that provides enterprises with a solution for midrange and mainframe environments for doing business in the cloud, mobile, and Web. Its software simplifies the digital transformation process by generating APIs quickly. The company was founded in 2012 and is based in Reston, Virginia with additional offices in Princeton, New Jersey; Chicago, Illinois; Dallas, Texas; Switzerland; Mexico; Israel; and Hong Kong.

Boughtbymany

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.

omni:us

Series A in 2020
With omni:us, insurers can develop their own modules with the omni:us Platform and quickly deploy AI into their processes using the Cognitive Claims Kit (CCK), which tackles specific use cases throughout the claims value chain. Document intake, digital claims, coverage check and beyond are enhanced and accelerated by leveraging cutting-edge natural language processing (NLP) and computer vision techniques. Importantly, omni:us creates an environment where both human and machine complement each other in a thriving hybrid workflow. The omni:us Suite sits efficiently on top of legacy software, and requires no inhouse AI/data science expertise to operate. omni:us is proud to count Allianz, Baloise, and AmTrust among its clients. The company is headquartered in Berlin, with a research partnership in Barcelona and representations in the UK, France and the United States. For further information visit omnius.com

realbest Germany GmbH

Venture Round in 2017
realbest Germany GmbH operates an online marketplace for real estate for private estate sellers, prospective buyers, financial service providers and affiliates, as well as estate agents. realbest Germany GmbH was founded in 2013 and is based in Berlin, Germany.

Hedvig

Venture Round in 2020
Hedvig AB acts as an insurance representative. It offers insurance for rented and condominiums, as well as travel insurance and property insurance for phones to bicycles. The company was founded in 2016 and is based in Stockholm, Sweden.

OpenLegacy

Series B in 2018
OpenLegacy Inc. develops Application Program Interface (API) software to create digital services from core (legacy) system. It offers OpenLegacy, a solution for automated legacy modernization and enterprise application integration that provides enterprises with a solution for midrange and mainframe environments for doing business in the cloud, mobile, and Web. Its software simplifies the digital transformation process by generating APIs quickly. The company was founded in 2012 and is based in Reston, Virginia with additional offices in Princeton, New Jersey; Chicago, Illinois; Dallas, Texas; Switzerland; Mexico; Israel; and Hong Kong.

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.

eToro Group Limited

Series D in 2015
eToro is a social trading investment network that enables users to watch the financial trading activities of other users, copy them, and make their own trades. The company’s product, OpenBook and WebTrader, allows traders to learn from each other, share live trading information, and capitalize on their collective power. Launched in 2007, the company has registered offices in Cyprus, Israel, and the United Kingdom.

ClimateView

Series A in 2021
ClimateView is a global climate platform for pioneering cities and nations. ClimateView was founded on the principles of agile: a philosophy built for the very purpose of tackling complex problems. When applied to the mother of all complex problems – climate breakdown – visualisation, collective intelligence and transparency are the main pillars.

Fraugster Limited

Private Placement in 2018
Fraugster Limited designs and builds anti-fraud and security systems. It offers artificial intelligence and behavioral analytics engine that helps users to foresee fraudulent attacks before they actually happen. The company also provides Fraugster Academy that offers courses ranging from coding classes, through forensic profiling workshops to talks by guest speakers. Fraugster Limited was incorporated in 2014 and is based in Leeds, United Kingdom.

GetSafe GmbH

Seed Round in 2015
Getsafe is a digital insurance company creating a better insurance experience for everyone that is easy, flexible, and enjoyable. With its strong technological backbone, the company offers liability, contents and car insurance in Germany and contents insurance in the UK. Getsafe replaces complexity and manual paperwork with smart bots and automation, allowing customers to file claims or change their coverage in real-time with just a few clicks.

WeGift

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.

Bankin

Series A in 2017
Bankin' is the Best Mobile Money Manager. Bankin' app makes money management super easy. At Bankin', they believe that money management must be simple, transparent and efficient so you can focus on what really matters to you. Their mission is to bring innovation and technology together to offer you the best solution to guide you every day. They are the leader in Europe: you are more than 1.5 million to trust us in France, in England, in Spain, and in Germany. They are the only company independent of banks in Europe. It is something they feel very strongly about because it allows us to provide better guidance by always suggesting what's right for you.

Hedvig

Private Placement in 2019
Hedvig AB acts as an insurance representative. It offers insurance for rented and condominiums, as well as travel insurance and property insurance for phones to bicycles. The company was founded in 2016 and is based in Stockholm, Sweden.

MFS Africa

Series C in 2021
MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.

360X

Corporate Round in 2021
360X is building a transaction marketplace for trading art and real estate investments. They will initially focus on supporting art and real estate investments, with debut transactions in each asset.

Marqeta, Inc.

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.

Hedvig

Series B in 2021
Hedvig AB acts as an insurance representative. It offers insurance for rented and condominiums, as well as travel insurance and property insurance for phones to bicycles. The company was founded in 2016 and is based in Stockholm, Sweden.
Afilio - Gesellschaft für Vorsorge mbH develops an Internet based platform for preparation and administration of pension and estate documents. Its platform allows user to create and manage documents related to living will, preventive power, pension plans, funeral insurance, testament template and more. Its platform allows users to order and write individual authorizations, transmit information to government authorities and notifies user of judgments and legal changes in documents. Afilio - Gesellschaft für Vorsorge mbH was founded in 2017 and is headquartered in Berlin, Berlin, Germany.

Bought By Many Ltd.

Private Placement in 2018
Bought By Many Ltd. provides a members-only service that helps in finding insurance for the things in life that are out of the ordinary. It connects people who share similar insurance needs in groups and use the group's collective buying power to negotiate offers on insurance that wouldn't be available to individuals. The company was incorporated in 2011 and is based in London, United Kingdom.

Concirrus

Venture Round in 2020
Concirrus Quest products access and interpret large sets of static demographic and dynamic behaviour-based data sets, and combine these with historical claims information to reveal the behaviours that correlate to claims. The outcome is new insights and rating factors that simply did not exist before, the ability to better deploy risk capital, improve loss ratios and drive down operating costs. Concirrus was founded in 2012 by Andy Yeoman and Craig Hollingworth. Visionary, entrepreneurial and with extensive telematics experience, Andy and Craig could see the growing application of Internet of Things (IoT) data for commercial organisations, and so founded Concirrus to help organisations harness the power of IoT.

Bought By Many Ltd.

Private Placement in 2020
Bought By Many Ltd. provides a members-only service that helps in finding insurance for the things in life that are out of the ordinary. It connects people who share similar insurance needs in groups and use the group's collective buying power to negotiate offers on insurance that wouldn't be available to individuals. The company was incorporated in 2011 and is based in London, United Kingdom.

Mambu

Private Placement in 2019
Mambu is a software-as-a-service banking engine provider that powers lending and deposit services. The company provides financial institutions of all sizes to design, launch, service, and scale their banking and lending portfolio. It empowers over 7,000 loan and deposit products which serve over eight million end customers. With more than three million active accounts in over 46 countries, ranging from fintech to traditional banks.

Bankin

Series B in 2019
Bankin' is the Best Mobile Money Manager. Bankin' app makes money management super easy. At Bankin', they believe that money management must be simple, transparent and efficient so you can focus on what really matters to you. Their mission is to bring innovation and technology together to offer you the best solution to guide you every day. They are the leader in Europe: you are more than 1.5 million to trust us in France, in England, in Spain, and in Germany. They are the only company independent of banks in Europe. It is something they feel very strongly about because it allows us to provide better guidance by always suggesting what's right for you.

Concirrus

Private Placement in 2020
Concirrus Quest products access and interpret large sets of static demographic and dynamic behaviour-based data sets, and combine these with historical claims information to reveal the behaviours that correlate to claims. The outcome is new insights and rating factors that simply did not exist before, the ability to better deploy risk capital, improve loss ratios and drive down operating costs. Concirrus was founded in 2012 by Andy Yeoman and Craig Hollingworth. Visionary, entrepreneurial and with extensive telematics experience, Andy and Craig could see the growing application of Internet of Things (IoT) data for commercial organisations, and so founded Concirrus to help organisations harness the power of IoT.

Marqeta, Inc.

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.

payworks GmbH

Private Placement in 2018
payworks GmbH provides a mobile payment platform in a Software-as-a-Service model that enables to launch mobile point of sale solutions to customers. It offers Shopper Application to build payments for mobile ordering, ticketing, loyalty, and other application; use tools to implement preferred payment workflow; and make use of connectivity to acquirers and payment processors. The company also provides Merchant Application to build payments; use tools to implement preferred payment workflow; and remain flexible in terms of card reader hardware and acquiring partners. In addition, payworks GmbH offers White Label Chip and PIN solutions to launch own micro-merchant payment product; and a Web-based Merchant Dashboard for merchants to get a view on their recent transaction revenue, change electronic receipt settings, and export transaction data. The company serves merchant service providers, retail businesses, payment service providers, cashier system providers, acquiring banks, and telecommunications companies. payworks GmbH was founded in 2012 and is based in Munich, Germany. As of July 17, 2019, payworks GmbH operates as a subsidiary of Visa Inc.

Mambu

Series C in 2019
Mambu is a software-as-a-service banking engine provider that powers lending and deposit services. The company provides financial institutions of all sizes to design, launch, service, and scale their banking and lending portfolio. It empowers over 7,000 loan and deposit products which serve over eight million end customers. With more than three million active accounts in over 46 countries, ranging from fintech to traditional banks.

Marqeta, Inc.

Private Placement 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.