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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.
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Key Metrics
Founded Year
2015
Location
Frankfurt Am Main, Germany
Stage
Series B
Total Funding
$28.8M in 6 rounds
Latest Funding Round
Ranked
Employee Count
176 as on May 31, 2026
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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:lockFilter 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
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Finanzguru's founders and board of directors

Founder? Claim Profile
The 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:

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

Finanzguru's employee count trend

Finanzguru has 176 employees as of May 26. Here is Finanzguru's employee count trend over the years:
Employee count trend for Finanzguru
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Finanzguru
Finanzguru
2015, Frankfurt Am Main (Germany), Series B
App-based personal expense and contract management solution for individuals
$28.8M
56/100
2nd
Logo for My Expenses
My Expenses
2013, Berlin (Germany), Unfunded
Expense management platform
-
-
43/100
3rd
Logo for finway
finway
2019, Neuried (Germany), Series A
Digital expense management solutions for employees & employers
$12.5M
41/100
4th
Logo for Mavi Software
Mavi Software
Chemnitz (Germany), Unfunded
Budget management tool
-
-
38/100
5th
Logo for Primoco
Primoco
2015, Willich (Germany), Unfunded
Expense management platform for individuals
-
-
34/100
6th
App-based platform to expense management
-
-
31/100
7th
Logo for Outbank
Outbank
2001, Dachau (Germany), Acquired
Mobile and desktop app for personal finance management.
-
29/100
8th
Logo for Zuper
Zuper
2016, Munich (Germany), Funding Raised
Bank account monitoring app
-
28/100
9th
Logo for FinFit
FinFit
2008, Berlin (Germany), Funding Raised
Contextual PFM app
-
27/100
10th
Logo for Roov
Roov
2018, Sint Martens Latem (Belgium), Funding Raised
Personal finance management app
-
27/100
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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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