finmid

Exciting news: We’ve raised €35m from Blossom Capital, with participation from Earlybird Venture Capital. Small and medium-sized businesses are the backbone of the European economy. However, these companies have been systematically disadvantaged by conventional financing and payment options. This is precisely where our technology comes into play: It opens the door for small and medium-sized enterprises to previously inaccessible capital, thereby facilitating larger investments and long-term growth. How do we make it happen? finmid empowers B2B software platforms such as Wolt, Safi, Algrano, FruPro, METYCLE, Soplaya, Vanilla Steel, VonWood, Xentral ERP Software, Algrano, Your.Rentals and many more to become financial partners for their customers; offering a much-needed alternative to banks for European SMBs looking for financing support. More on our blog. Link in comments.

Navigating the complex world of international trade financing? Here's how METYCLE went about it: Together, we've tackled their working capital challenges, enabling rapid growth and reinforcing their innovative recycling mission. 🔄 Learn how we helped METYCLE bridge their financing gap and manage large international transactions. Read more on our blog: https://lnkd.in/e2PainvS

Did you know that 29% of restaurants go out of business due to a lack of access to capital? 💰 In today's competitive market, restaurants face numerous challenges, from rising food costs to unpredictable staffing. Recognizing these unique challenges, Wolt aimed to offer a seamless and flexible financial solution tailored to their specific needs. Enter Wolt Capital, powered by finmid.  Together we developed a financial service designed to provide easy access to capital for their merchants. By leveraging Wolt's unique insights into merchants' sales history and finmid's comprehensive financial infrastructure, we're empowering local businesses to overcome financial hurdles and achieve sustainable growth. Learn more about Wolt’s secret to merchant happiness. Link in comments.

🤝 Wolt & finmid join forces to launch Wolt Capital  Exciting news: Wolt has chosen finmid as their financial infrastructure provider. Wolt Capital is a service designed to provide easy access to capital to Wolt’s merchants to help them thrive. Recognising the unique challenges faced by small businesses, Wolt aimed to offer a seamless and flexible financial solution tailored to their specific needs. Learn more via the link in the comments.

Ever heard about the financing gap in timber trade? 🪵 Our partner VonWood, at the forefront of digitalising timber trade, faced a significant challenge: ensuring smooth, reliable transactions in a traditionally opaque industry. Smaller buyers often struggled with distrust and financial risks, while traditional financial providers couldn’t keep up with the demands for timely financing. Enter VonWood Pay, powered by finmid. Together, we developed a solution to bridge this gap and digitalise the timber market. The results: 💥 Over 70% of VonWood transactions now use VonWood Pay. 📈 VonWood saw nearly 200% growth year-to-date after integrating our solution. 🫱🏼🫲🏽 Buyers enjoy flexible cash flow, and sellers get instant, guaranteed payments. Learn more in our latest case study. Link in comments.

Thanks for the exclusive coverage of our funding news, TechCrunch 🔥 We’re working hard towards a future where every business has a financial partner who understands them and empowers them to grow in the way best suited to them. link to article in the comments.

We’re pleased to announce our partnership with VonWood, the key player in timber trade. 🌳 🙌 Powered by finmid, VonWood now easily provides secure financing solutions through their professional timber #marketplace. By offering instant payouts, and extending payment terms to VonWood's customers, we are excited to support the digitalisation of the industry and helping VonWood's customers trade more efficiently. “The flexibility and speed in which we could start offering financial services on the VonWood platform made finmid our clear embedded finance partner of choice.” - David De Jong - CEO VonWood Thank you to the VonWood team for making this partnership possible. Minck Hermans David De Jong Alexander Talkanitsa Max Schertel Felix Mosthaf #EmbeddedFinance #B2BPayments #b2bmarketplace #SupplyChainFinance #SecurePayments #Partnership

This week the finmid team will be attending the eCommerce Expo in Berlin. We’re excited to hear and share the latest innovations in eCommerce. Keen to understand how embedded finance can help your eCommerce merchant scale? Make sure to reach out to our team! Frederick Schiffmann Varvara Lushnikova Max van Zoelen Felix Mosthaf #ecommerce #ecommerceberlinexpo #ecommerceexpo

We're hiring 🚀 Join the finmid crew as we expand our GTM Team! We're on the lookout for passionate individuals to fill key roles in our sales team: 1️⃣ Business Development Manager 2️⃣ Business Development Representative If you're driven, ambitious, and ready to make an impact, we want to hear from you! Check out the roles and apply (link in the comments) Don't hesitate to reach out if you're interested to learn more or feel free to forward to anyone who you think this could be relevant to #finmid #HiringNow #BusinessDevelopment #JoinUs #CareerOpportunity

🎤 "We can only be successful if we actually help our platform customers to be successful" Our co-founder Max Schertel got the chance to talk about all things finmid with Matthias Walter Eser on the #DigitalBusinessPodcast. Touching on everything from our founding story to our plans for the future, Max makes one thing clear: finmid's core mission is to empower digital platforms to succeed. Here is a sneak peek at some of the things talked about: ➡️ How we help software platforms that serve business customers across industries ➡️ Our approach to product development ➡️ finmid’s plans for 2024 and beyond You can listen to the full podcast 🇩🇪 using the link in the comments or on your preferred streaming service. Thanks Matthias for having us! https://lnkd.in/djXKuMPY