Last week Meniga raised €8.5mn in a strategic investment round.
In Brief:
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Meniga provides digital banking technology for financial institutions.
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The company white labels its solutions.
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The round was led by customers including groupe BPCE, Grupo Crédito Agricola and UniCredit.
What does this mean?
Meniga solutions are currently used by 90mn users across 30 countries, and it helps banks and FinTechs use personal finance data to innovate their mobile and online channels. The FinTech’s own customers have invested in the company to help it further develop technology that improves the experience of their customers.