Snab Fintech, S.L.

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Snab Fintech, S.L. - overview

Established

2021

Location

Madrid, -, Spain

Primary Industry

Software

About

Based in Spain, and founded in 2021 by its CEO Gorka Aguirre, and CTO Juan Soler, Snab Fintech, S. L. operates as a fintech company that seeks to automate, and digitise business payments, cash collections, and treasury administration for its users. In February 2023, Snab Fintech, S.


L. raised EUR 1. 1 million in pre-seed funding led by Y Combinator, with participation from 4Founders Capital and Glenfarne Group. As of February 2023, the company operates in Madrid, and Delaware.


Snab Fintech, S. L. provides cloud based and AI powered platform that visualize and integrate all bank accounts at different banks and synchronize, automate & digitalize invoicing & accounts payable, send invoices, automatic data extraction & record, track status of payment, customizable approval workflow based on parameters such as departments, quantities, roles, and provides notification. In addition, the platform provides a consolidated view of the business and cash management status.


The company plans to use the pre-seed funding to develop its tech and add new features to give businesses more control over their finances.


Current Investors

4Founders Capital, Y Combinator, Glenfarne Group

Primary Industry

Software

Sub Industries

e-Financial, Accounting/Finance Software, Application Integration Software

Website

www.snabfinance.com

Verticals

Artificial Intelligence, FinTech

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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