FundedIQ
Financial Services

FINQware

Our product is a API middleware platform with a single point of contact (API/SDK) at output available for different interesting companies (businesses - including enterprises, banks and fintechs) with financial data provided by banks and other financial providers. At input we leverage PSD2 APIs from banks, custom data exposure API and product wrapping APIs. The input connections are seen as "skills" and the data is enriched in our infrastructure and then exposed at the output end to tenants that can build frontend applications and services in order to create value it. Creating "skills" from digitalising sales origination processes with financial providers, we are also feeding cross-border financial marketplaces (like digital wallets, online e-commerce businesses) with a new revenue stream from commissions on financial products sales, increasing the distribution coverage of banks and financial providers, through a new channel for acquiring customers.

www.finqware.com Bucharest, Romania 1-10 employees
Total raised
$2.8M
Latest round: +367% of prior total
Rounds
2
Latest
Series Unknown
Jun 2023

Our product is a API middleware platform with a single point of contact (API/SDK) at output available for different interesting companies (businesses - including enterprises, banks and fintechs) with financial data provided by banks and other financial providers. At input we leverage PSD2 APIs from banks, custom data exposure API and product wrapping APIs. The input connections are seen as "skills" and the data is enriched in our infrastructure and then exposed at the output end to tenants that can build frontend applications and services in order to create value it. Creating "skills" from digitalising sales origination processes with financial providers, we are also feeding cross-border financial marketplaces (like digital wallets, online e-commerce businesses) with a new revenue stream from commissions on financial products sales, increasing the distribution coverage of banks and financial providers, through a new channel for acquiring customers.

FINQware has raised $2.8M across 2 rounds. Its most recent round was a Series Unknown of $2.2M in Jun 2023. Full funding history, investors, and team are detailed below.

Funding history

2 rounds · 1 visible Unlock with plan

2 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Jun 21, 2023
Series Unknown
$2.2M

Unlock 1 earlier round — dates, amounts, round types — plus the lead investor for every round.

Unlock funding history →

People

Unlock with plan

Founders, executives, and decision-makers — sourced and refreshed weekly.

Name
Role
LinkedIn

See who runs this company — founders and key execs, with titles and LinkedIn profiles, ready to export.

Unlock people data →

FINQware is featured in

Similar companies

Instant Factoring

Instant Factoring is a financial technology platform that offers quick funding to small business owners within 24 hours. This is made possible through robot-based underwriting, blockchain technology for transparency in transactions, and the use of machine learning for assessing credit risk. The goal is to help entrepreneurs access the funds they need quickly without the usual bureaucratic delays. Instant Factoring aims to support the growth of small businesses by offering flexible financing options. The company projects that over 15,000 small businesses will use its services by the end of 2022, with an average invoice value of around EUR 2,000. Key features include a proprietary credit-scoring tool that uses AI and predictive analytics for fast credit decisions, blockchain technology for anti-fraud measures, and plans to implement smart contracts for payment processing in the future. Data from various sources is processed efficiently to evaluate customer invoices and provide transparent pricing. The platform's internal algorithm is continuously enhanced through machine learning, giving the business a competitive edge.

Series Unknown $1.1M
Nordensa

Nordensa is offering football fans worldwide the opportunity to support young athletes and share in their success like never before. By giving fans the chance to become owners in the football industry, we are tapping into the massive market of 5 billion football enthusiasts who have previously been excluded from ownership opportunities. Through Nordensa, fans can invest as little as €30 in talented players, helping them secure spots on top teams. In return, fans receive 8% of the player's income for 5 years. This unique model benefits fans, athletes, and teams, ultimately revolutionizing the way football is funded and supporting the growth of young talent in the sport. Welcome to Nordensa - where power is returned to the fans.

$1.8M
OTP Leasing

OTP Leasing is a financial company that provides a range of services including used car sales, vehicle leasing, angel investments, and personal finance solutions.

Series Unknown $22.6M
Elrond

Elrond's mission is to (1) create a global, transparent, near-instant, non-inflationary financial system, and (2) give anyone, anywhere, easy access to it. For 3 years we've been building a powerful solution to address the first part of the mission. The solution is a high bandwidth, low latency, high security, low-cost blockchain network, that can accommodate transactions and value exchange at the internet scale. The solution is LIVE NOW, and can process above 15.000 transactions per second, with 6-second latency, and $0.001 transaction cost. This will radically transform the way we exchange value, just as broadband internet transformed the way we communicate. Adding value to that, we have announced more than 60 collaborations and partnerships to aggressively expand the Elrond ecosystem, adding significant utility, increasing outreach, and enabling applications to leverage the Elrond technology.

Secondary Market $100k
Digitt

Digitt is dedicated to developing fair financial solutions to counteract exploitative lending practices. The company aims to eradicate the excessive interest rates imposed by traditional banks on credit card holders. Digitt provides customers with access to competitive interest rates between 20% and 42% annually, enabling them to reduce their interest payments and clear their debts more quickly. With Digitt, customers can easily track their monthly payments and have a clear timeline for becoming debt-free.

Series Unknown $50.0M
Avenue Capital Group

Avenue Capital Group was founded in 1995 by Marc Lasry and Sonia E. Gardner. Pioneers in the distressed debt market, Mr. Lasry and Ms. Gardner have successfully invested in the public and private debt and equity securities of distressed companies across a variety of industries for over two decades. Headquartered in New York, with offices in London, Luxembourg, Munich, and nine offices throughout Asia, the firm manages assets valued at approximately $15.8 billion as of March 31, 2009. Avenue draws on the skills and experience of approximately 300 employees and its Senior Principals, Marc Lasry and Sonia E. Gardner, who have spent virtually their entire careers in the field of distressed investments.

Series Unknown $250M
Bidaya

Bidaya is a provider of home financing services.

Series Unknown $79.8M
Easterly Government Properties

Easterly Government Properties is a real estate company focused primarily on the acquisition and development of built-to-suit GSA properties. They generate substantially  of their revenue by leasing their properties to agencies.

Series Unknown $200M
Prosperity Now

Prosperity Now's work makes it possible for millions of people to achieve financial security and contribute to an opportunity economy.

Series Unknown $5.0M
Nivika

Nivika är ett Småländskt fastighetsbolag som förvärvar, förvaltar och utvecklar fastigheter primärt på expansiva orter i med en stabil hyresmarknad i södra Sverige. Vi är ett starkt team som med närhet, hög servicegrad och kvalitet bygger långsiktiga och starka kundrelationer. Vår arbetskultur präglas av starkt engagemang, glädje och ärlighet där korta beslutsvägar och entreprenöriell anda är hörnstenar. Det är mycket viktigt för oss att bibehålla den familjära stämningen med möjlighet för alla medarbetare att vara delaktiga på olika sätt.

Series Unknown $195M
BR-DGE

BR-DGE provides a payment orchestration service for eCommerce enterprises that want to exploit the potential of existing and new digital payment services and put payment under merchant control.

Series B $13.2M
W. P. Carey

W. P. Carey Inc., a publicly traded REIT (NYSE: WPC), offers long-term financing solutions for companies globally through sale-leaseback and build-to-suit transactions. The company manages an investment portfolio exceeding $15 billion and has its roots in W. P. Carey & Co. LLC, founded in 1973. As the leading owner and manager of net lease assets, W. P. Carey Inc.'s credit and real estate underwriting process has been successfully applied across various industries and property types. With a history of stable cash flows from long-term leases with creditworthy tenants, the company has consistently provided increasing dividend income to investors for nearly forty years.

Series Unknown $350M
Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.