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Digital banking solutions provider Meniga closes additional €10M investment
source link: https://fintechranking.com/2021/03/25/digital-banking-solutions-provider-meniga-closes-additional-e10m-investment/
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Digital banking solutions provider Meniga closes additional €10M investment
Meniga, the London fintech that provides digital banking technology to leading banks, has closed €10 million in additional funding, TechCrunch reports.
The round is led by Velocity Capital and Frumtak Ventures. Also participating are Industrifonden, the U.K. Government’s Future Fund and existing customers UniCredit, Swedbank, Groupe BPCE and Íslandsbanki.
Meniga says the funding will be used for continued investment in R&D, and in particular further development of green banking products — building on its carbon spending insights product. In addition, the fintech will bolster its sales and service teams.
Read more: TechCrunch
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