Fundz

Meo raises €1.67M for expansion into new sectors.

PRIVATEMar 06, 2024

Amount Raised

$1.67 Million

Round Type

Seed

CopenhagenFinancial ServicesSoftwareFintech

Investors

GilionEIFO VenturesScale Capital

Description

Meo, formerly known as NewBanking, has secured €1.67 million to expand its client base beyond the traditional banking sector to VCs and law firms. The additional funding comes from a new capital round from existing investors, including Scale Capital and EIFO Ventures, and a €1 million loan from the Swedish growth and lending platform, Gilion.

Quick answer

Meo raised $1.67 Million in a Seed round, dated March 6, 2024. Investors: Gilion, EIFO Ventures and Scale Capital. Meo is based in Copenhagen, Capital Region Of Denmark, Denmark.

How much did Meo raise?
Meo raised $1.67 Million in a Seed round on March 6, 2024.
Who invested in Meo?
Gilion, EIFO Ventures and Scale Capital are named as investors in this round.
What does Meo do?
Meo is an all-in-one platform for KYC (Know Your Customer) and KYB (Know Your Business).
Where is Meo based and how big is it?
Meo is based in Copenhagen, Capital Region Of Denmark, Denmark.
Who are the decision-makers at Meo?
Fundz holds 1 contact at Meo. 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 Meo that raised within 45 days of this round, from Fundz verified event records.

  • Parafin raised $125M (Funding Round) on April 9, 2024.
  • Plaid raised $425M (Series D) on April 4, 2024.
  • Innoviti raised $5.2M (Series E) on April 1, 2024.
  • Innoviti raised $5.2M (Series E) on April 1, 2024.
  • Torpago raised $5.2M on March 28, 2024.
  • Uzum raised $114M (Series A) on March 26, 2024.

Who to call at Meo, and when

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

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

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Company Information

Company

Meo

Location

Copenhagen, Capital Region Of Denmark, Denmark

About

Meo is an all-in-one platform for KYC (Know Your Customer) and KYB (Know Your Business). A system built to ensure the compliance of AML (Anti-Money Laundering) and GDPR regulations. It's natively integrated with leading financial databases, business registries, AML providers, and fraud prevention APIs. The platform assists businesses in reducing time for customer onboarding and allows for integrated identity verification in one location. Currently servicing users in +75 countries.

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Meo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.