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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).
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.
http://www.finsmes.com/2016/08/fintecsystems-secures-seven-figure-series-a-funding.html
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