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Mmastodon BusinessBanking first seen 7 h ago, last 6 h ago, peak #11

Berlin fintech Finmid raises $18.5M and lands Bolt deal

Original: Finmid, a Berlin fintech backed by N26 co-founder Max Tayenthal, has raised an 18.5M USD Series A extension and sealed a

Finmid, a Berlin-based fintech backed by N26 co-founder Max Tayenthal, has raised an $18.5 million Series A extension, bringing its total funding to $56.5 million. The company has also signed a deal with ride-hailing firm Bolt to offer drivers vehicle financing of up to $436,000 over four years.

Why now: The fresh funding and the Bolt partnership show the lending fintech expanding its embedded-finance reach, drawing attention from the startup and banking community.

FinmidBoltMax TayenthalN26Berlin

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