Germany based AI-based lending platform raised €25m in Series A funding led by Fasanara Capital and Xploration Capital.
| less than a minute read
Berlin-based fintech startup Myos secures €25m for its AI-based lending platform
“We’re a step ahead of traditional lenders because we look at the retail products, not the merchants ... With Myos, merchants can quickly receive loans of up to a million Euros, without complex business plans or personal guarantees which are often not available in the start-up phase”, said Nikolaus Hilgenfeldt, Co-founder and CEO.
