Fintecture is a technology company.
Fintecture has raised $32.0M across 2 funding rounds.
Fintecture has raised $32.0M in total across 2 funding rounds.
Fintecture has raised $32.0M in total across 2 funding rounds.
Fintecture's investors include RTP Global, Samaipata, Scale Asia Ventures, Target Global, Y Combinator, Will Szczerbiak.
Fintecture is a French fintech company that builds a payment platform specializing in bank transfer solutions for B2B transactions, offering products like Immediate Transfer, Smart Transfer, Buy Now Pay Later (BNPL) for B2B, and verified disbursements.[1][3][6] It serves e-commerce merchants, retailers, and financial institutions—such as Auchan, Decathlon, Leroy Merlin, and Edenred—solving inefficiencies in traditional bank transfers like high costs, delays, fraud risks, card limits, and manual processes that hinder cash flow and sales completion.[2][4][5] With strong growth momentum, Fintecture supports 7,000 businesses and nearly 1 million payers across Europe, raised €36 million in Series A funding in 2022 (including €26-32 million from investors like Eurazeo, RTP Global, and Target Global), expanded its team from 7 to 80 employees, and multiplied monthly transactions by 5 in 2023 while leading payment initiation volumes in France.[2][3][5]
Fintecture emerged from over two years of R&D starting around 2017-2018 in Saint-Mande, France, with its first "open banking" transfers launching in 2020 based on Payment Initiation Service (PIS) to modernize traditional credit transfers for high-value B2B purchases.[1][3] CEO Faysal Oudmine, drawing from deep insights into complex inter-company exchanges, led the development of core innovations like Immediate Transfer alongside complementary offerings such as Smart Transfer and B2B BNPL.[2][3] Early traction came quickly post-launch, convincing investors for a €32-36 million Series A in 2022 backed by Eurazeo, RTP Global, HEC Ventures, Allianz Trade, and angels like Datadog's Olivier Pomel; the company then expanded offices to the UK and Spain, growing its team rapidly and earning Fintech of the Year from AGEFI in 2023.[2][3][5]
Fintecture rides the open banking and A2A (account-to-account) payment trend, digitizing a €130 trillion+ annual B2B transactions market where 90% remain offline and 50% manual/paper-based, unlocking sales blocked by legacy constraints.[2][3] Timing aligns with PSD2 regulations enabling PIS, rising e-commerce/B2B demands post-COVID, and shifts from costly card networks to cheaper, secure bank transfers amid inflation and cash flow pressures.[1][5] Market forces like fraud surges and BNPL growth favor its infrastructure, while it influences the ecosystem by serving market leaders, expanding cross-Europe, and pioneering B2B innovations that enhance merchant revenue and efficiency.[2][5]
Fintecture is poised for pan-European dominance in B2B payments, with plans to fill 40+ roles, launch in Spain, and scale its owned infrastructure for more use cases like advanced disbursements and fraud tools.[2][3][6] Trends like real-time payments, embedded finance, and regulatory pushes for A2A will accelerate adoption, potentially multiplying volumes further as it captures share from cards and competitors like Alma or Billie.[1][2] Its influence may evolve into a full payments OS for merchants, driving revenue unlocks in a digitizing B2B world—transforming bank transfers from outdated relics into growth engines, as promised from its 2020 launch.[3][5]
Fintecture has raised $32.0M across 2 funding rounds. Most recently, it raised $25.0M Series A in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $25.0M Series A | RTP Global, Samaipata, Scale Asia Ventures, Target Global, Y Combinator, Will Szczerbiak | |
| May 1, 2021 | $7.0M Seed | Samaipata, Target Global, Will Szczerbiak |