FinTecSystems

Munchen, Germany Founded: 2014 • Age: 12 yrs Acquired By Tink
Open banking API solutions are offered to financial institutions.
Annual revenue - Latest available
Total funding $5.3M 3 rounds
Employees 35 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fintecsystems Gmbh
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.33 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5.33 M (USD), Series B

    Nov 30, 2017

  • Investors
    Tink

    & 5 more

  • Employee Count
    35

    as on Dec 31, 2018

  • Acquired by
    Tink

    (May 18, 2021)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Family office of Reimann family
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Seed & early stage tech-focused VC firm funding companies in Europe and Asia
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Tech-focused venture capital firm funding companies in Europe and China
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Investor details for FinTecSystems

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Investments & Acquisitions by FinTecSystems

Investments
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Investment portfolio details for FinTecSystems

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Financial Statements - FinTecSystems

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Detailed financials for FinTecSystems

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Fintecsystems Comparisons

FinTecSystems Primary company
Description
Open banking API solutions are offered to financial institut...
Location
Munchen, Germany
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
35
As of 2018
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Peer comparison for FinTecSystems

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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.

Company Name Domain Founded year HQ Location Description
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Data-driven analytics and open banking APIs are provided to businesses.
Locked Locked Locked
Open banking aggregation APIs are provided for individuals and businesses.
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Open banking API solutions are developed for financial data aggregation.
Locked Locked Locked
Finance and accounting management is facilitated via an API platform.
Locked Locked Locked
Open banking aggregation APIs are offered for financial services.
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Detailed competitors of FinTecSystems

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Latest news on Fintecsystems

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Complete news archive for FinTecSystems

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Frequently Asked Questions about FinTecSystems

FinTecSystems was founded in 2014 and raised its 1st funding round 1 year after it was founded.

FinTecSystems is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.

FinTecSystems is a funded company, having raised a total of $5.33M across 3 funding rounds to date.

As of Dec 31, 2018, the latest employee count at FinTecSystems is 35.

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.

FinTecSystems's top competitors include Plaid, MX and Fidel API.

FinTecSystems has 6 investors. Key investors include Tink, Reimann Investors, Little Rock VC, Ventech China, and MenschDanke.

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