Finmid, a Berlin-based startup founded by former N26 employees Max Schertel and Alexander Talkanitsa, has raised €23 million ($24.7 million) in Series A to expand its embedded fintech solutions. The startup focuses on providing payment and financing options directly within marketplaces, leveraging the transaction activity and customer data available to these platforms. With a valuation of €100 million ($107 million) post-money, Finmid aims to facilitate more accessible access to capital for small and medium-sized businesses (SMBs) across Europe. 

Finmid Raises $24.7M to Help SMBs Access Loans Through Platforms like Wolt