About FinLab
FinLab is a venture capital firm founded in 2003. It is primarily based out of Frankfurt Am Main, Germany. As of Jul 2020, FinLab has invested in 16 companies. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Blockchain Technology. Most recently it participated in the $***** Seed round of ZkSystems Overall, FinLab portfolio has seen 1 unicorn and 4 acquisitions, namely Sparrow Exchange, Deposit Solutions and FastBill. A lot of funds co-invest with FinLab, with names like EXTOREL sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Unicorns
FinLab's List of Top Investments
FinLab has a portfolio of 16 companies, one of which is a Unicorn. Their most notable investments are in AUTHADA and Nextmarkets.Their portfolio spans across Germany, Singapore, United Kingdom and 1 more locations. They have invested in Enterprise Applications, FinTech, Blockchain Technology and 11 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by FinLab:1. Nextmarkets
Nextmarkets provides an online & app-based trading platform for CFDs. Allows users to follow traders from across the globe, read market analysis, practice trading, execute real trades, and more. Provides access to multiple instruments covering shares, indices, commodities, forex, and bonds.
Key facts about Nextmarkets
Online exchange platform for cryptocurrency. It enables users to sell, buy, and exchange cryptocurrency. It provides P2P cryptocurrency trading. It provides customizable trading strategy and risk compliance for corporates, traders, investors,
Key facts about Sparrow Exchange
3. Instaffo
Online job board platform for multi-industry. It allows users to find matching jobs based on their skills, career, job category, location, salary and more. Companies can post jobs and search for candidates. It uses a matching algorithm to create preselected candidate pools for each of the open positions. Employers can also manage candidates and schedule interviews using the platform. Offering sectors include engineering, software developers, marketing, sales and more.
Key facts about Instaffo
- Founded Year: 2014
- Location: Heidelberg (Germany)
- Stage: Series B
- Total Funding till date: $14.1M
- Employee Count: 123 as on May 31, 2026
- Investors: MGO Digital Ventures, Vc and 10 Others
- Latest Funding Round: Series B, Mar 19, 2024, $*****
- Highlight: Editors' Pick
Deposit Solutions offers an open banking API solution. It provides an architectural platform that allows banks to gather retail deposits, list the savings offers on an open architecture platform, and allows retail banks to market savings products listed by other banks on the platform to the clients. It also allows banks to offer attractive third-party deposit products to their own customers through the existing accounts.
Key facts about Deposit Solutions
- Founded Year: 2011
- Location: Hamburg (Germany)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $212M
- Employee Count: 187 as on Dec 31, 2020
- Investors: Vitruvian Partners, Top Tier Capital Partners and 15 Others
- Latest Funding Round: Series D, Sep 18, 2019, $*****
- Highlight: Editors' Pick
5. CASHLINK
Blockchain-enabled asset tokenization platform. Enable investment platforms to offer any kind of tokenized assets in the field of collectibles, renewable energies, and real estate.
Key facts about CASHLINK
- Founded Year: 2016
- Location: Frankfurt Am Main (Germany)
- Stage: Series A
- Employee Count: 53 as on May 31, 2026
- Investors: Heliad, TX Ventures and 10 Others
- Latest Funding Round: Series A, Mar 16, 2023, $*****
FinLab's Year-on-Year Investment Trends
FinLab has invested in 16 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in ZkSystems and most recent follow-on round was in Deposit Solutions.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 3 | 0 | 3 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 2 | 0 | 2 |
FinLab's Investments by Stage
FinLab has made 6 investments in Seed stage with an average round size of $5.96M and 5 investments in Series A stage with an average round size of $4.99M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 5 |
Note: We have considered here, only first round of investments
FinLab's Investments by Sector
FinLab has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Blockchain - Industry Applications, Blockchain Technology and High Tech. Notably, it has invested in 14 Tech companies, 11 Software companies, 9 Enterprise (B2B) companies and at least 8 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 9 |
Enterprise Applications | 6 |
Blockchain - Industry Applications | 3 |
Blockchain Technology | 3 |
High Tech | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
FinLab's Investments by Geography
FinLab has made most investments in Germany (10), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
Germany | 10 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
FinLab's recent investments
FinLab has not made any investment in 2026 so far.Here are the most recent investments by FinLab:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 08, 2020 | Germany | Seed | 6472 | [+2] | |
May 12, 2020 | Germany | Seed | 5214 | ||
Apr 29, 2020 | Germany | Seed | 8596 | [+2] | |
Feb 26, 2019 | Germany | Series A | 7365 | - | |
Nov 21, 2018 | Germany | Seed | 2384 | - |
Unicorns in FinLab's Portfolio
FinLab has 1 unicorn in its portfolio - Deposit Solutions. The most recent unicorn in their portfolio is Deposit Solutions which became a unicorn in 2019, 4 years after FinLab first invested in it.Here is a list of unicorns in FinLab's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
42 | Open banking API solutions | 2011 | Hamburg | Series D | vuomfqe |
Acquired companies in FinLab's Portfolio
4 companies from FinLab's portfolio have been acquired. The most recent acquisition was Sparrow Exchange in Nov 2022 by Amber Group for $*****.Here are FinLab's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 29, 2022 | - | - | 6266 | |
Feb 04, 2022 | - | - | 6879 | |
Oct 07, 2021 | May 02, 2017 | Series A | 9591 | |
Dec 18, 2020 | Feb 26, 2019 | Series A | 6204 |
Co-investors of FinLab
Over the past 11 years, 38 investors have co-invested in FinLab's portfolio companies. This includes funds and angels.
- Invested before FinLab: DEG, Elea Foundation and 5 others have invested in rounds before FinLab. There is 1 company where DEG has invested before FinLab and 1 company where Elea Foundation has invested before FinLab.
- Top Co-investors of FinLab: 12 investors entered a company along with FinLab. These include investors like EXTOREL (1 company).
- Invested after FinLab: A total of 19 investors have invested in FinLab's portfolio after their investments. Top Investors include DEWB (2 companies), Peter Thiel (2 companies) and Alan Howard (1 company).
Recent News related to FinLab
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Registration of merger and renaming of FinLab AG to Heliad AG completedHeliad•Oct 18, 2023•Heliad, FinLab
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Altira AG EQS-Adhoc: FinLab AG publishes its preliminary 2022 results and NAV as of December 31,WebDisclosure•Feb 17, 2023•FinLab
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FinLab's portfolio company Raisin secures €60M in Series E funding round, reinforcing its position as a pioneer in the German fintech ecosystemWebDisclosure•Feb 17, 2023•Raisin, Goldman Sachs, M&G, Catalyst Investors and 16 others
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Digital Assets Trading Platform Sparrow Raises US$4.4 Million Series AFinTechnews•Nov 12, 2021•Sparrow Exchange, 100x Group, FinLab, Arrington XRP Capital and 2 others
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Upland Raises $18M in Series A FundingFinSMEs•Nov 09, 2021•Upland, Animoca Brands, FinLab, OneTeam and 8 others
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New ESG fintech Spark Change raises £3.5m led by BarclaysAltFi•Nov 11, 2020•Spark Change, Barclays, Swing Ventures, Solactive and 1 other
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Options Trading Platform Sparrow Raises $3.5 Million Series A led by HDR Group, BitMEX ParentCrowdfund Insider•Jun 22, 2020•EOS, Hdr Group, Signum Capital, Du Capital and 4 others
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