Fundz

Czech fintech Flowpay raised €2.1M in a seed funding round to scale expansion and enhance technological capabilities for better SME financing.

PRIVATEMar 20, 2024

Amount Raised

€2.1 Million

Round Type

Seed

CzechiaFinancial ServicesArtificial IntelligenceFintech

Investors

Allard LuchsingerKartik VarmaMartin HerrmannMark RansfordDepo VenturesSoulmates VenturesTechstars

Description

Czech fintech Flowpay raised €2.1 million in a seed funding round led by Techstars, alongside rising Czech VCs Soulmates Ventures and DEPO Ventures, and angel investors such as Mark Ransford, Martin Herrmann, Kartik Varma, Allard Luchsinger, and others. The investment will enable Flowpay to scale beyond the Czech Republic, enhance its technological capabilities, and offer its services to a wider range of SMEs.

Quick answer

Flowpay raised €2.1 Million in a Seed round, dated March 20, 2024. Investors: Allard Luchsinger, Kartik Varma, Martin Herrmann, Mark Ransford, Depo Ventures, Soulmates Ventures and Techstars. Flowpay is based in Czechia.

How much did Flowpay raise?
Flowpay raised €2.1 Million in a Seed round on March 20, 2024.
Who invested in Flowpay?
Allard Luchsinger, Kartik Varma, Martin Herrmann, Mark Ransford, Depo Ventures, Soulmates Ventures and Techstars are named as investors in this round.
What does Flowpay do?
Flowpay is a Czech fintech company that utilizes AI to provide operational funding for SMEs, enabling them to access better financing for their growth.
Where is Flowpay based and how big is it?
Flowpay is based in Czechia.
Who are the decision-makers at Flowpay?
Fundz holds 1 contact at Flowpay. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Flowpay that raised within 45 days of this round, from Fundz verified event records.

  • Lendbuzz raised $100M (Funding Round) on May 1, 2024.
  • Grupago raised $4.3M (Seed) on March 12, 2024.
  • Rabeh Financial raised $800K (Seed) on March 6, 2024.
  • Finpilot raised $4M (Seed) on February 22, 2024.
  • Anatomy Financial raised an undisclosed amount (Funding Round) on February 15, 2024.
  • Cascading AI raised $3.9M (Pre-Seed) on February 10, 2024.

Who to call at Flowpay, and when

A new round usually means Flowpay is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flowpay raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flowpay, from your own LinkedIn network

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Company Information

Company

Flowpay

Location

Czechia

About

Flowpay is a Czech fintech company that utilizes AI to provide operational funding for SMEs, enabling them to access better financing for their growth. The company was founded in 2021 and has developed an innovative way to assess the risk and potential of SMEs using AI technology.

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Fundz sees it the moment Flowpay raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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