According to multiple sources close to the deal, Amsterdam fintech startup Kinder has raised almost half a million of funding amid the ongoing pandemic. The company is all set to make official announcements in the upcoming weeks, informed the same sources.
While €500K might not be a mind-boggling amount, but the interesting part that was learnt from the sources was, “the company was aiming for €2.5 million to €3 million of funding round, but COVID-19 botched their plans and the investors had to postpone until the situation improves. So this was a transient, and they already have another round lined up for later this year. Basically, they’ll restart their conversations with investors shortly for the €3 million round.” Further, the sources didn’t reveal much about the investors.