DVH Ventures backs NDGIT

DVH will use capital from its Venture Capital Fonds to fund the transaction. The vehicle was launched in November in collaboration with Nord LB to invest in financial technology companies.

NDGIT will use the extra capital to expand its sales efforts while continuing to work on product development.

Company
NDGIT is a fintech startup headquartered in Munich. The company has developed an API platform for banking and insurance with the goal of improving communication between institutions and accelerating digital and mobile projects. According to the company's website, 50 banks, insurers and fintech firms already use NDGIT's services.

People
DVH Ventures – Duc Quyen Tran (investment director).
NDGIT – Oliver Dlugosch (CEO); Florian Pahl (CTO).

Advisers
Equity – Walter Sigle (legal).

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• Topics
• Expansion
• DACH
• Technology
• Venture
• Germany