FINQware: Funding, Investors & Team (Sep 2026)
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 funding rounds on record, the most recent an undisclosed round of $2.2M announced in Jun 2023.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
FINQware Company Profile and Key Stats
Latest funding round on record: Jun 2023.
FINQware Funding Rounds
FINQware raised $600k in a Seed announced in Jan 2021.
2.4 years later, an undisclosed round of $2.2M was announced in Jun 2023.
FINQware Founders and Leadership Team
Contact details for the FINQware team: 2 of 2 have an email address on file.
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FINQware's latest round of $2.2M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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FINQware Funding FAQs
What does FINQware do?
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.
How much funding has FINQware raised?
FINQware has raised $2.8M across 2 rounds on record. The most recent is an undisclosed round of $2.2M announced in Jun 2023.
When did FINQware last raise funding?
FINQware's most recent funding round on record is an undisclosed round of $2.2M, announced in Jun 2023.
Who founded FINQware?
FundedIQ lists Danut Covalciuc (Founder) at FINQware.
Who is the CEO of FINQware?
Cosmin Cosma is listed as CEO at FINQware.
Where is FINQware headquartered?
FINQware is based in Bucharest, Bucuresti, Romania.
How many employees does FINQware have?
FINQware is in the 1-10 employee band.
How does FINQware's funding compare to other Financial Services startups?
FINQware's latest round of $2.2M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's FINQware Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FINQware is left off this page rather than filled in.
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