Finanzguru - About the company
Finanzguru is a series B company based in Frankfurt Am Main (Germany), founded in 2015 by Alexander Michel, Benjamin Michel, Alexander Michel and Benjamin Michel. It operates as an App-based personal expense and contract management solution for individuals. Finanzguru has raised $28.8M in funding from investors like Seedandspeed, Deutsche Bank and SCOR. The company has 38 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like My Expenses, finway and Mavi Software.
Company Details
App-based personal expense and contract management solution for individuals. Users need to link their bank to let the app automatically identify recurring bills. It offers bill payment reminders, and payment facilitation in a few clicks. Analyzing the earnings, expenses, and bills, provides tips for savings on the bills. The application provides services like direct payments, alternatives for pay-after-delivery, and installment plans. Additionally, users can access additional financial products via the app, save and invest money, purchase insurance, and more.
- Website
- finanzguru.de
Key Metrics
Founded Year
2015
Location
Frankfurt Am Main, Germany
Stage
Series B
Total Funding
$28.8M in 6 rounds
Latest Funding Round
Investors
Ranked
1st among 38 active competitors
Employee Count
176 as on May 31, 2026
Similar Companies
Legal entities associated with Finanzguru
Finanzguru is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
dwins GmbH CIN: HRB106321 , Germany, Active | Sep 08, 2016 | - | 45 (As on Dec 31, 2023) |
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Finanzguru's funding and investors
Finanzguru has raised a total funding of $28.8M over 6 rounds. Its latest funding round was a Series B round on Apr 04, 2023 for $*****. 9 investors participated in its latest round. Finanzguru has 9 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Finanzguru:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 04, 2023 | 4329865 | Series B | 5026585 | 9502268 | 9036442 | 8584394 |
Jan 04, 2022 | 2131930 | Series A | 9690423 | 7771418 | 8485581 | |
Sep 06, 2021 | 3713593 | Conventional Debt | 7135950 | 5800489 | 4263549 |
View details of Finanzguru's funding rounds and investors
Finanzguru's founders and board of directors
Founder? Claim ProfileThe founders of Finanzguru are Alexander Michel, Benjamin Michel, Alexander Michel and Benjamin Michel. Alexander Michel and Alexander Michel are the CEOs of Finanzguru.
Here are the details of Finanzguru's key team members:
- Alexander Michel: Co-Founder & CEO of Finanzguru. They serve on the board of 1 company.
- Benjamin Michel: Co-Founder of Finanzguru. They serve on the board of 1 company.
- Alexander Michel: Co-Founder & CEO of Finanzguru.
- Benjamin Michel: Co-Founder of Finanzguru.
Finanzguru's Board of Directors
Finanzguru's board has 2 active members. Alexander Michel and Benjamin Michel are part of team.Here is the list of Finanzguru's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 9y 8m | |
Team | - | Current | 9y 8m |
View details of Finanzguru's Founder profiles and Board Members
Finanzguru's employee count trend
Finanzguru has 176 employees as of May 26. Here is Finanzguru's employee count trend over the years:
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Finanzguru's Competitors and alternates
Top competitors of Finanzguru include My Expenses, finway and Mavi Software. Here is the list of Top 10 competitors of Finanzguru, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Finanzguru 2015, Frankfurt Am Main (Germany), Series B | App-based personal expense and contract management solution for individuals | $28.8M | 56/100 | |
2nd | My Expenses 2013, Berlin (Germany), Unfunded | Expense management platform | - | - | 43/100 |
3rd | Digital expense management solutions for employees & employers | $12.5M | 41/100 | ||
4th | Mavi Software Chemnitz (Germany), Unfunded | Budget management tool | - | - | 38/100 |
5th | Expense management platform for individuals | - | - | 34/100 | |
6th | Future Capital Control Aachen (Germany), Unfunded | App-based platform to expense management | - | - | 31/100 |
7th | Mobile and desktop app for personal finance management. | - | 29/100 | ||
8th | Bank account monitoring app | - | 28/100 | ||
9th | Contextual PFM app | - | 27/100 | ||
10th | Personal finance management app | - | 27/100 |
Looking for more details on Finanzguru's competitors? Click here to see the top ones
Finanzguru's Investments and acquisitions
Finanzguru has made no investments or acquisitions yet.
Reports related to Finanzguru
Here is the latest report on Finanzguru's sector:
News related to Finanzguru
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Scor Ventures and Paypal Ventures Lead a €13 Million Funding Round for FinanzguruPrivatebankerinternational•Apr 04, 2023•SCOR, PayPal, Finanzguru, Venture Stars and 4 others
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This pitch deck convinced Deutsche Bank to invest in FinanzguruBusiness Insider Deutschland•Sep 05, 2021•Finanzguru, Deutsche Bank
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