Banxware is a technology company.
Banxware empowers SMEs with greater access to capital by seamlessly integrating loan offers into the platforms they already use, providing end-to-end solutions for financing.
Banxware has raised $32.0M across 3 funding rounds.
Banxware has raised $32.0M in total across 3 funding rounds.
Banxware is a Berlin-based fintech company founded in 2020 that provides AI-powered embedded lending solutions for B2B platforms, enabling them to offer fully digital business loans to SMEs in real-time.[1][2][3][5] It builds a white-label platform integrating merchant cash advances, credit lines from €1k to €5M, and loan management tools, serving e-commerce marketplaces, payment providers, SaaS platforms, banks, and neo-banks by solving liquidity gaps through instant, data-driven financing.[1][3][6] With over 40 platforms enabled, €30M in funding, partnerships like UniCredit and High-Tech Gründerfonds (HTGF), and strong growth metrics like high renewal rates and YoY demand increases, Banxware has secured €100M+ in loan facilities and continues expanding its SME reach.[2][3][5][6]
Banxware was co-founded in 2020 by Miriam and Jens (full names not specified in sources), who shared a vision to revolutionize SME lending with fast, smart, digital solutions amid traditional banking inefficiencies.[2][5] The idea emerged from identifying the gap between banks and tech platforms, enabling embedded finance to bridge lenders, digital aggregators like marketplaces and payment providers, and merchants needing quick capital.[1][2][4] Early traction came swiftly: in late 2020 or early 2021, they launched their first white-label SME lending product for merchant cash advances with real-time decisions and payouts under 15 minutes, backed by a €100M loan facility from Vereinigte Volksbank Raiffeisenbank eG.[2] A €4M seed round in February 2021 from HTGF and others fueled team growth and product development, marking a pivotal moment.[2][4][5]
Banxware stands out in embedded finance through these key strengths:
Banxware rides the embedded finance wave, where platforms monetize data for financial services, targeting underserved SMEs traditional banks overlook.[1][2][4] Timing aligns with open banking regulations, rising platform economies (e-commerce, payments), and post-pandemic liquidity demands, fueling YoY demand growth.[2][3][5] Market forces like AI advancements and API proliferation favor its data-rich underwriting, boosting acceptance rates and GMV for partners while giving banks new digital-savvy customers.[2][3][6] It influences the ecosystem by democratizing SME capital—over 40 platforms now offer loans—pushing incumbents toward fintech hybrids and accelerating Europe's digital lending shift.[1][5][7]
Banxware is poised for international expansion and product diversification into cards and advanced services, leveraging €30M funding and partnerships to scale beyond Europe.[3][4][5] Trends like AI risk models, real-time data via open banking, and platform consolidation will amplify its growth, potentially capturing more of the €multi-billion SME lending market. Its influence may evolve from niche enabler to ecosystem leader, deepening platform loyalty and SME empowerment—echoing its founding mission to make financing seamless and growth-oriented.[2][3][6]
Banxware has raised $32.0M in total across 3 funding rounds.
Banxware's investors include Albion VC, Jean de Fougerolles, Electric Capital, Element Ventures, Notion Capital, Partech Ventures, Pioneer Fund, SAP.iO, Scribble Ventures, South Park Commons, Stride VC, Susa Ventures.
Banxware has raised $32.0M across 3 funding rounds. Most recently, it raised $16.0M Series A in November 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2023 | $16.0M Series A | Albion VC, Jean de Fougerolles, Electric Capital, Element Ventures, Notion Capital, Partech Ventures, Pioneer Fund, SAP.iO, Scribble Ventures, South Park Commons, Stride VC, Susa Ventures, VR Ventures, Y Combinator, Charlie Songhurst, James Hind, Raphael Vullierme | |
| Jan 1, 2022 | $11.0M Seed | A'Z Angels, Bornschein & keine Töchter, CVentures, Dragonfly Capital Partners, Element Ventures, Force Over Mass Capital, Notion Capital, Partech Ventures, True Global Ventures, VR Ventures, WestCap, Winklevoss Capital, Clement Benoit, Joi Ito, Justin Sun, Martin Varsavsky, Raphael Vullierme | |
| Feb 1, 2021 | $5.0M Seed | Force Over Mass Capital, Notion Capital, Partech Ventures, VR Ventures, Raphael Vullierme |