The Paris based banking startup for freelancers has secured $9.3m (€8m) in Series A funding, led by XAnge.
The company plans to launch a premium plan in the coming months with advanced accounting features. So far, 25,000 freelancers are using Shine in France. And 10 percent of new freelancers (“micro-entrepreneurs”) register their company through Shine. While challenger banks, such as N26 and Revolut are widely successful, it’s great to see some companies focus on niche markets with the same approach. Shine is a breath of fresh air for freelancers in France. The company is making the process so much easier for newcomers.
https://techcrunch.com/2018/09/03/shine-grabs-9-3-million-to-build-a-bank-for-freelancers/