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.
- Website
- finqware.com
- Email ID
- *****@finqware.com
Key Metrics
Founded Year
2017
Location
Stage
Series A
Total Funding
$3.01M in 3 rounds
Latest Funding Round
Ranked
41st among 151 active competitors
Employee Count
20 as on Jan 05, 2026
Sign up to download Finqware's company profile
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 |
View details of Finqware's funding rounds and investors
Finqware's founders and board of directors
Founder? Claim ProfileThe founders of Finqware is Cosmin Cosma. Cosmin Cosma is the CEO of Finqware.
Here are the details of Finqware's key team members:
- Cosmin Cosma: Co-Founder | CEO of Finqware.
View details of Finqware's Founder profiles and Board Members
Finqware's employee count trend
Finqware has 20 employees as of Jan 26. Here is Finqware's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
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:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mambu 2011, Amsterdam (Netherlands), Series E | Provider of cloud banking platform delivering composable banking and financial experiences | $446M | 73/100 | |
2nd | Bud 2015, London (United Kingdom), Series B | Developer of open banking API and financial data analysis for businesses | $103M | 71/100 | |
3rd | Lean 2019, Riyadh (Saudi Arabia), Series B | Provider of open banking platform for financial data and payments | $104M | 69/100 | |
4th | Method 2019, Austin (United States), Series B | Provider of connectivity solutions for consumer credit and liability accounts | $60M | 66/100 | |
5th | Moneyhub 2011, Bristol (United Kingdom), Public | Personal finance management tools for individuals and enterprises | $83.6M | 65/100 | |
6th | Yodlee 1999, Redwood City (United States), Acquired | Provider of cloud-based financial data aggregation and analytics | $84.3M | 63/100 | |
7th | 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 | 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 | Transfeera 2017, Joinville (Brazil), Acquired | Online open banking API solution for businesses | $1.35M | 62/100 | |
10th | Online platform that enables secure sharing of data between financial institutions | $2.81M | 62/100 | ||
41st | Open banking API solutions for banks and financial institutions | $3.01M | 51/100 |
Looking for more details on Finqware's competitors? Click here to see the top ones
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
Media has covered Finqware for 1 event in last 1 year, It was about partnerships.
•
Finqware and Ebury Partner to Fully Automate Finance OperationsBusiness Review•Apr 14, 2026•Finqware, Ebury
•
Finqware and FWF partner to automate financial operationsThe Paypers•May 01, 2024•Austrian Science Fund FWF, Finqware
•
Finqware reports a 4x increase in turnover and achieves its first year of profitBusiness Review•Feb 12, 2024•Finqware
•
•
Finqware integrates MS Active Directory into the FinqTreasury platformThe Paypers•Aug 24, 2023•Finqware, Microsoft
•
Romanian fintech Finqware raises €2M, targets further €1M on SeedBlinkAIN.Capital•Jun 21, 2023•Finqware
•
•
OXO board clears investments in fintech, cybersecurity startupsBudapest Business Journal•Nov 06, 2021•OXO Holdings, Finqware, BlockAPT
•
Finqware partners with CEC Bank to push forward open banking in RomaniaBusiness Review•Mar 30, 2021•Finqware, CEC Bank
•
Are you a Founder ?
FAQs about Finqware
Explore our recently published companies
- Geospatial Collaborative - Tucson based, 2017 founded, Unfunded company
- samra - Unfunded company
- Facilities Online - New York based, 1986 founded, Unfunded company
- Caledoniasiu - United States based, Unfunded company
- 66Togoship - Unfunded company
- Esports Ohio - Tiffin based, 2018 founded, Unfunded company