finmid - About the company
finmid is a series A company based in Berlin (Germany), founded in 2020 by Max Schertel and Alexander Talkanitsa. It operates as a Finmid is the embedded lending infrastructure powering platform growth. finmid has raised $40.1M in funding from Earlybird and Blossom Capital, with a current valuation of $*****. The company has 476 active competitors, including 72 funded and 33 that have exited. Its top competitors include companies like FinBox, OPLinnovate and nCino.
Company Details
Finmid is the embedded lending infrastructure powering platform growth. finmid enables platforms to launch tailored financing products for their business customers at scale across 30 European markets via single integration. Across industries and business models, finmid drives revenue, improves retention, and fuels core business growth. finmid is trusted by Europe’s most ambitious platforms, including Wolt, Delivery Hero, Bolt, Just Eat Takeaway, Guesty, and FREENOW. Learn more at finmid.com.
- Website
- finmid.com
- Email ID
- *****@finmid.com
Key Metrics
Founded Year
2020
Location
Berlin, Germany
Stage
Series A
Total Funding
$40.1M in 3 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 16, 2024
Ranked
37th among 476 active competitors
Employee Count
62 as on Aug 31, 2026
Legal entities associated with finmid
finmid is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINMID GMBH CIN: HRB227613B , Germany, Active | Dec 31, 2019 | - | 25 (As on Dec 31, 2023) |
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finmid's funding and investors
finmid has raised a total funding of $40.1M over 3 rounds. Its first funding round was on May 07, 2021. Its latest funding round was a Series A round on Apr 16, 2024 for $*****. 4 investors participated in its latest round. finmid has 2 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of finmid:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2024 | 2534315 | Series A | 7569146 | 5730044 | 5317426 | 1408034 |
Feb 07, 2022 | 6116894 | Seed | 8896781 | 2989505 | 2576820 | |
May 07, 2021 | 1542043 | Seed | 2122350 | 8770546 |
View details of finmid's funding rounds and investors
finmid's founders and board of directors
Founder? Claim ProfileThe founders of finmid are Max Schertel and Alexander Talkanitsa.
Here are the details of finmid's key team members:
- Max Schertel: Co-Founder of finmid. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Alexander Talkanitsa: Co-Founder of finmid. They serve on the board of 1 company.Contact Info: 1 phone number
finmid's Board of Directors
finmid's board has 2 active members. Max Schertel and Alexander Talkanitsa are part of team.Here is the list of finmid's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 5y 4m | |
Team | - | Current | 5y 4m |
View details of finmid's Founder profiles and Board Members
finmid's employee count trend
finmid has 62 employees as of Aug 26. Here is finmid's employee count trend over the years:
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finmid's Competitors and alternates
Top competitors of finmid include FinBox, OPLinnovate and nCino. Here is the list of Top 10 competitors of finmid, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of infrastructure, risk intelligence, and orchestration solutions for digital lending | $51.1M | 69/100 | ||
2nd | OPLinnovate 2015, Ahmedabad (India), Series B | White label solutions for financial institutions | $14.2M | 67/100 | |
3rd | nCino 2011, Wilmington (United States), Public | Provider of a platform for digitizing and reengineering financial service processes | $222M | 67/100 | |
4th | MeridianLink 1998, Costa Mesa (United States), Acquired | Loan life cycle management systems for lenders and financial institutions | - | 65/100 | |
5th | Peach Finance 2018, Oakland (United States), Acquired | Software for loan life cycle management | $35.8M | 65/100 | |
6th | Provider of AI-driven platform for financial analysis, verification, and decisioning | $435M | 63/100 | ||
7th | Provider of software, data, analytics, and related services for financial institutions | - | 63/100 | ||
8th | Finley 2021, San Francisco (United States), Acquired | Software-based credit cycle management solutions for businesses | $20.1M | 62/100 | |
9th | Casca 2023, San Francisco (United States), Series A | Provider of AI-powered loan origination system for banks | $33M | 62/100 | |
10th | Turnkey Lender 2014, Austin (United States), Series A | AI-driven loan origination and management software for banks and non-bank lenders | $18.1M | 61/100 | |
37th | Finmid is the embedded lending infrastructure powering platform growth | $40.1M | 48/100 |
Looking for more details on finmid's competitors? Click here to see the top ones
finmid's Investments and acquisitions
finmid has made no investments or acquisitions yet.
Reports related to finmid
Here is the latest report on finmid's sector:
News related to finmid
Media has covered finmid for a total of 7 events in the last 1 year, 4 of them have been about company updates and 2 about partnerships.
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finmid Expands Embedded Lending Infrastructure to 30 European MarketsCrowdfund Insider•Sep 17, 2025•finmid
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Everlane goes all in on Shopify as disruptor rethinks fashion rulesRetail Technology Innovation Hub•Sep 11, 2025•Everlane, Terribles, Reddit, Papa John and 38 others
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Finmid Expands European Reach with Wolt and Glovo Partnerships for Embedded FinanceRetail Technology Innovation Hub•Sep 09, 2025•finmid, Wolt, Glovo
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Latvia live as Bolt Food Finance launches in tie up with finmid and focuses on SMEs across EuropeRetail Technology Innovation Hub•Aug 21, 2025•finmid, Bolt
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Glovo and finmid Partner to Offer Instant Lending to SMEsRetail Technology Innovation Hub•May 23, 2025•finmid, Glovo
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Wolt Capital: Finnish Delivery Unicorn Becomes A Capital Provider For Restaurants And RetailersTrending Topics•Feb 13, 2025•Wolt, finmid
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