Fundz

Mifundo secures €2.5M grant from EIC for AI-powered cross-border lending

PRIVATEJul 19, 2024

Amount Raised

€2.5 Million

Round Type

Grant

TallinnFinancial Services

Investors

European Innovation Council

Description

Estonian fintech startup Mifundo has secured €2.5 million in grant funding alongside investment from European Innovation Council (EIC) Accelerator program to further develop its AI-based cross-border data platform for the EU credit market.

Quick answer

Mifundo raised €2.5 Million in a Grant round, dated July 19, 2024. Investors: European Innovation Council. Mifundo is based in Tallinn, Harju Maakond, Estonia.

How much did Mifundo raise?
Mifundo raised €2.5 Million in a Grant round on July 19, 2024.
Who invested in Mifundo?
European Innovation Council is named as investors in this round.
What does Mifundo do?
Mifundo is an Estonian fintech startup founded in 2018, dedicated to revolutionizing the financial industry in Europe with its AI-based platform.
Where is Mifundo based and how big is it?
Mifundo is based in Tallinn, Harju Maakond, Estonia. Fundz records about 8 employees.
Who are the decision-makers at Mifundo?
Fundz holds 1 contact at Mifundo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services around the same time

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

  • Helicap raised an undisclosed amount (Series B) on September 2, 2024.
  • GigPay raised $1.1M (Seed) on August 31, 2024.
  • Bee Informatica raised an undisclosed amount (Seed) on August 30, 2024.
  • Kredete raised $2.3M (Seed) on August 30, 2024.
  • QNB raised $40M on August 30, 2024.
  • TBC Bank Uzbekistan raised $25M (Debt Financing) on August 29, 2024.

Who to call at Mifundo, and when

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

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

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Company Information

Company

Mifundo

Location

Tallinn, Harju Maakond, Estonia

About

Mifundo is an Estonian fintech startup founded in 2018, dedicated to revolutionizing the financial industry in Europe with its AI-based platform. The company's goal is to create a truly unified credit market in the EU, reducing financial inequality and providing better access to financial services for all European citizens.

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Mifundo 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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