Capnamic, ProFounders lead €4m series-A for NDgit

Existing investor Dieter von Holtzbrinck Ventures also took part alongside other private investors.

The fresh capital will be used for further European expansion. NDgit plans to expand the team from 30 to 50 people in the next three months.

In the last three months the company has acquired six European banks as customers and has a revenue run-rate of €2m after quintupling its sales in the last 12 months.

Previous funding
Dieter von Holtzbrinck invested €1.5m for a 25% stake in NDgit in March 2017.

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. The company currently employs 30 people.

People
Capnamic Ventures – Jörg Binnenbrücker (partner).
NDgit – Oliver Dlugosch (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

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