Banxware GmbH Asset Profile

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Year established

2020

Location

Berlin Germany

Primary Industry

Financial Services

About

Based in Berlin, Germany, and founded in 2020 by Jens Roehrborn, Miriam Wohlfarth, and Fabian Heiß. Banxware GmbH operates as a provider of software platforms intended to provide the link between banks, digital platforms, and merchants and enables all parties to benefit from technologies and open banking. In December 2020, the company announced that it secured a €100 million loan facility from Vereinigte Volksbank Raiffeisenbank eG, and VVRB. In February 2021, the company raised its latest seed funding from Force Over Mass Capital. Banxware GmbH offers a software-as-a-service platform for Embedded Financial Services, which enables digital platforms such as marketplaces, payments providers, POS providers, and other aggregators to offer white-label financial products, especially loans, to merchants. The company will use its latest funding to develop and grow its embedded white-label financial services offering and its team, as well as expand sales to digital platforms across Europe.

Current Investors

High-Tech Grunderfonds, Force Over Mass Capital, Redstone

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Primary Industry

Financial Services

Sub Industries

e-Financial

Website

www.banxware.com

Verticals

Cloud Computing, FinTech

Company Stage

Series A

Total Amount Raised

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