FinTech startup Fincompare pulls in €2.5 million
The Berlin FinTech startup Fincompare (German) raised €2.5 million (€2.8 million) in a seed round with help from Speedinvest, an Austrian venture capital firm and Uniqa, a Austrian insurance company. Several Berlin-based business angels, like André Bajorat, also invested in the team of 30. The startup hopes to become Europe’s leading finance platform for small and medium-sized enterprises.
Shopping app Yeay collects €4.4 million
The Berlin-based startup Yeay, which launched in 2015, collected €4.4 million ($4.9 million) in a seed round, according to Tech Crunch. The round was led by Grazia Equity and Mountain Partners among others. The mobile app lets users buy and sell items using video: Think Ebay meets Snapchat.