Berlin-based fintech startup finleap connect has raised €22M in its Series A funding round after its merger in 2019. The round was led by SBI Investment — a Japanese VC firm, along with participation from Ilavska Vuillermoz Capital, a Luxembourg-based fintech investor.
With the proceeds, the fintech startup plans to launch new products for the European markets, which will further include expansion of connectivity across Europe with a special focus on Spain and Portugal. Besides that, finleap connect is looking to develop its value-added services, enhancing the use of financial data and targeting new market segments.