Munich-based financial data analytics startup FintecSystems raised an undisclosed amount of Series A funding, led by LittleRock and Ventech. Customers include Solaris Bank (bank), Finreach (account switching services), Lendico (loans) and Deutsche Telekom (telecoms).
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German FintecSystems closes "seven-figure" Series A
Founded in 2014 by Stefan Krautkraemer, CEO, and and Dirk Rudolf, FinTecSystems provides financial institutions such as banks, and financial and payment service providers, with real-time financial data analysis that creates an accurate overview of a consumer’s financial situation and creditworthiness and reduce the loan application process.
