About FinTecSystems
FinTecSystems is a company based in Munchen (Germany) founded in 2014 by Stefan Krautkrämer was acquired by Tink in May 2021.. FinTecSystems has raised $5.33 million across 3 funding rounds from investors including Tink, Reimann Investors and Little Rock VC. The company has 35 employees as of December 31, 2018. FinTecSystems operates in a competitive market with competitors including MX, Plaid, Belvo, Rutter and Finicity, among others.
- Headquarter Munchen, Germany
- Employees 35 as on 31 Dec, 2018
- Founders Stefan Krautkrämer
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Fintecsystems Gmbh
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Funding Insights of FinTecSystems
FinTecSystems has successfully raised a total of $5.33M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5.33 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $5.3M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2017 | Amount | Series B - FinTecSystems | Valuation | Reimann Investors | |
| Aug, 2016 | Amount | Series A - FinTecSystems | Valuation | Little Rock , Ventech China | |
| Nov, 2015 | Amount | Seed - FinTecSystems | Valuation | Heilemann Ventures , MenschDanke |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in FinTecSystems
FinTecSystems has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Tink, Reimann Investors and Little Rock VC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Family office of Reimann family
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Founded Year | Domain | Location | |
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Seed & early stage tech-focused VC firm funding companies in Europe and Asia
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Founded Year | Domain | Location | |
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Tech-focused venture capital firm funding companies in Europe and China
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FinTecSystems
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FinTecSystems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fintecsystems Comparisons
Competitors of FinTecSystems
FinTecSystems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MX, Plaid, Belvo, Rutter and Finicity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Data-driven analytics and open banking APIs are provided to businesses.
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| domain | founded_year | HQ Location |
Open banking aggregation APIs are provided for individuals and businesses.
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| domain | founded_year | HQ Location |
Open banking API solutions are developed for financial data aggregation.
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| domain | founded_year | HQ Location |
Finance and accounting management is facilitated via an API platform.
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| domain | founded_year | HQ Location |
Open banking aggregation APIs are offered for financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fintecsystems
Frequently Asked Questions about FinTecSystems
When was FinTecSystems founded?
FinTecSystems was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is FinTecSystems located?
FinTecSystems is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Is FinTecSystems a funded company?
FinTecSystems is a funded company, having raised a total of $5.33M across 3 funding rounds to date.
How many employees does FinTecSystems have?
As of Dec 31, 2018, the latest employee count at FinTecSystems is 35.
What does FinTecSystems do?
Fintec Systems was established in 2014 and is headquartered in Munich, Germany. Operations focus on the fintech sector, where open banking API solutions are delivered to financial institutions. Access to consumers bank accounts is enabled for retrieving information on balances, transactions, and revenue. Additional services encompass data categorization, transaction analysis, sales data evaluation, and consumer reporting.
Who are the top competitors of FinTecSystems?
Who are FinTecSystems's investors?
FinTecSystems has 6 investors. Key investors include Tink, Reimann Investors, Little Rock VC, Ventech China, and MenschDanke.
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