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Finqware - About the company

Finqware is a series A company based in Romania, founded in 2017 by Cosmin Cosma. It operates as an Open banking API solutions for banks and financial institutions. Finqware has raised $3.01M in funding from Gapminder and Elevator Ventures. The company has 151 active competitors, including 45 funded and 20 that have exited. Its top competitors include companies like Mambu, Bud and Lean.

Company Details

Open banking API solutions for banks and financial institutions. It offers solutions for treasury management, reconciliations, forecasting, cash management, payments, collections, and reporting. It also builds a personal finance manager application or integrates a financial marketplace into the current app.
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Email ID
*****@finqware.com
Key Metrics
Founded Year
2017
Location
Stage
Series A
Total Funding
$3.01M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
20 as on Jan 05, 2026
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Finqware's funding and investors

Finqware has raised a total funding of $3.01M over 3 rounds. Its first funding round was on Jul 22, 2019. Finqware has 5 institutional investors.

Here is the list of recent funding rounds of Finqware:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 21, 2023
4404149
Series A
5959950
5315698
9139492
7851750
Jan 21, 2021
4226376
Seed
7528076
3039986
8984973
Jul 22, 2019
9136616
Seed
7880278
1153044
6975062
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Finqware's founders and board of directors

Founder? Claim Profile
The founders of Finqware is Cosmin Cosma. Cosmin Cosma is the CEO of Finqware.
Here are the details of Finqware's key team members:

Finqware's employee count trend

Finqware has 20 employees as of Jan 26. Here is Finqware's employee count trend over the years:
Employee count trend for Finqware
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Finqware's Competitors and alternates

Top competitors of Finqware include Mambu, Bud and Lean. Here is the list of Top 10 competitors of Finqware, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mambu
Mambu
2011, Amsterdam (Netherlands), Series E
Provider of cloud banking platform delivering composable banking and financial experiences
$446M
73/100
2nd
Logo for Bud
Bud
2015, London (United Kingdom), Series B
Developer of open banking API and financial data analysis for businesses
$103M
71/100
3rd
Logo for Lean
Lean
2019, Riyadh (Saudi Arabia), Series B
Provider of open banking platform for financial data and payments
$104M
69/100
4th
Logo for Method
Method
2019, Austin (United States), Series B
Provider of connectivity solutions for consumer credit and liability accounts
$60M
66/100
5th
Logo for Moneyhub
Moneyhub
2011, Bristol (United Kingdom), Public
Personal finance management tools for individuals and enterprises
$83.6M
65/100
6th
Logo for Yodlee
Yodlee
1999, Redwood City (United States), Acquired
Provider of cloud-based financial data aggregation and analytics
$84.3M
63/100
7th
Logo for Codat
Codat
2017, London (United Kingdom), Series C
Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
$172M
62/100
8th
Logo for Tarabut
Tarabut
2017, Manama (Bahrain), Series A
Provider of open banking infrastructure and embedded finance solutions. It offers a platform enabling access to real-time financial data, facilitating seamless payments, and embedding financial services into various applications. The platform supports the development of innovative financial products and services, improving access to credit and financial management tools. Its services include Banking-as-a-Service (BaaS) capabilities, data analytics tools, and embedded finance solutions for businesses and institutions. The company focuses on building secure and scalable infrastructure to support the growth of the open finance ecosystem.
$57M
62/100
9th
Logo for Transfeera
Transfeera
2017, Joinville (Brazil), Acquired
Online open banking API solution for businesses
$1.35M
62/100
10th
Logo for Finvu
Finvu
2017, Pune (India), Seed
Online platform that enables secure sharing of data between financial institutions
$2.81M
62/100
41st
Logo for Finqware
Finqware
2017, Romania, Series A
Open banking API solutions for banks and financial institutions
$3.01M
51/100
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Finqware's Investments and acquisitions

Finqware has made no investments or acquisitions yet.

Reports related to Finqware

Here is the latest report on Finqware's sector:

News related to Finqware

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Media has covered Finqware for 1 event in last 1 year, It was about partnerships.
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