Today, French fintech startup Finary announced that it has raised €2.2M in a Seed round funding led by European VC Speedinvest. In addition, the round also saw participation from Y Combinator, Kima Ventures, and angel investors like Raphaël Vullierme (co-founder at Luko).
Funds for expansion
The raised capital will help the fintech to hire new talents as well as expand its presence across Europe and the US. In addition, the funds will also help Finary in launching its iOS and Android app later this year as it plans to connect thousands of additional financial institutions to the platform.