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German Embedded Financial Services Provider Banxware Secures €4 Million Though First Seed Funding Round Led By Force over Mass & VR Ventures
February 8, 2021 @ 8:10 am By Samantha Hurst
Banxware, a Germany-based financial service provider, recently announced it secured €4 million through its first seed funding round, which was led by Force over Mass and VR Ventures.
Founded in 2020, Banxware describes itself as a software provider for Embedded Financial Services. The company enables digital platforms such as marketplaces, payments providers, POS providers, and other aggregators to offer white label financial products, especially loans to their merchants – fully digital and integrated. We ensure small businesses can thrive in a digital world and can tap into every source of funding possible – even future revenues.