FinTecSystems raises seed round from Heilemann et al.

The fresh capital will be used to hire additional staff and to expand into new markets.

FinTecSystems is not the first fintech startup founded by the company's management: CEO Stefan Krautkrämer previously co-founded Sofort, a company that offers instant money transfers.

Heilemann's last fintech investment was in June 2015, when it participated in the first round of funding for German online investment platform Cashboard. The VC provides seed and early-stage funding for European startups in the digital sector.

Company
Founded in March 2014 and based in Munich, FinTecSystems is an interface for retail banks and payment services. The company stated that its platform enables access to more than 40 million end user accounts.

People
Fabian Heilemann is a partner at Heilemann Ventures. Stefan Krautkrämer is CEO of FinTecSystems.

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

• Topics
• Technology
• Early-stage
• DACH
• Germany