Daphni leads €6.4m round for Margo Bank

Other investors include the company's founders and several business angels. The fresh capital will be used to bolster the construction of a technical infrastructure and expand the team.

Company
Margo Bank was founded in 2017 and is headquartered in Paris. The company is still in the structural phase and aims to create a new digital commercial bank, with a view to facilitate banking for small and medium-sized European companies through an app and a website. The founders are former employees of booking company Captain Train, which was bought by Trainline in 2016.

People
Margo Bank – Jean-Daniel Guyot (CEO)

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• Topics
• Early-stage
• France
• Financials
• France