Led · Series A · Nov 2020

Nemuru operates a SaaS platform that links banks, companies and consumers to generate and manage loans 100% online and across in-person, phone and online sales channels. The platform offers immediate loan generation of up to €30,000 repayable in up to 60 installments, with rates from a 5.95% TIN, and completes credit processes in around three minutes without manual document transfers. Its credit-risk engine uses machine learning and analyzes more than 1,000 data points (vs. typical models that use ~15 variables) to optimize risk classification and reduce fraud. Nemuru says its financing capability helps merchants close more and larger deals and can boost sales by about 30% for customers. The company is diversifying into education, automotive, health and sport sectors to expand addressable markets. As of the article, Nemuru reported cumulative capital of €4.35 million and the trust of over 600 businesses. Nemuru operates a technological platform for 100% online origination and administration of loans, matching self‑employed professionals and SMEs that do home renovations with customers who need financing. The tool allows professionals to offer flexible financing plans and to anticipate payment collection partially or fully so they can focus on the work. The company has worked with partners including Blue Dream Digital and Sabadell Consumer Finance. Nemuru was launched under the Antai Venture Builder umbrella and started with initial capital of €750,000. The business targets a niche in the fintech sector serving home‑improvement financing needs. It is based in the Pier01 de Palau de Mar offices in Barcelona.

Participated · Seed · Sep 2019

Mitto provides a digital wallet plus virtual and physical debit cards aimed at Gen Z (from age 14), enabling parents to top up wallets and monitor their children’s purchasing profiles. The product is positioned to give teens financial independence while improving financial literacy and awareness of spending impacts. Mitto says it has 150,000 registered users and a waiting list of more than 80,000 across several countries. The startup intends to invest the new funding in its product and partnerships to become the financial platform of choice for Generation Z. It plans geographic expansion into other European and Latin American markets where it sees demand. The company emphasizes helping users understand the sustainability impact of their spending as part of its longer-term mission.

Participated · Series A · Feb 2019

Bud provides an end-to-end Open Banking and data intelligence platform that aggregates and categorises financial data to deliver customer insight. Clients use Bud’s technology to enhance onboarding, boost engagement and loyalty, and offer personal financial management services. Its aggregation and categorisation capabilities support lending use cases including income and employment verification, affordability assessments, and ongoing transaction monitoring. Headquartered in the UK, Bud's AI has processed over 2.5 billion transactions and enriched 1 billion transactions. The company aims to expand its Open Banking offering, increase financial inclusion, and help consumers access affordable and appropriate lending products. Bud is partnering with TransUnion to combine data intelligence and global insights and to develop next-generation credit, affordability, and fraud solutions. Bud Financial provides an AI-based open banking platform used by large banks and others to power lending, payments and personalized financial products. Its technology focuses on transaction enrichment, categorization, merchant recognition and income verification, with claims of 33% higher accuracy and over 93% accuracy in a recent market test. The company processes features that often end in payments via open banking APIs and emphasizes insights to differentiate from competitors. Bud pivoted from a consumer-facing app to a B2B model in 2017 to work directly with financial institutions. It is live in the U.K., Australia and New Zealand and plans to expand to two more countries this year. Bud is not disclosing customer or transaction numbers, revenues, or its valuation with this round. Bud offers a technology platform that enables banks to create new apps and services by intelligently connecting bank account data to third-party fintechs and financial providers. Launched in 2016 as a consumer aggregation app, the company pivoted to a bank-facing platform to help banks compete in the Open Banking/PSD2 era. Its product includes data enrichment features such as Smart Balance, Goals, and an advanced regular payment finder, and it uses transactional data to detect patterns and behaviors to trigger partner services. Bud works with roughly 85 fintech and financial services partners and counts HSBC-owned First Direct among its customers. The company is collaborating with the UK government on a Rent Recognition Challenge to help people build credit history from rent payments. Bud has 62 employees and says the new capital will support doubling its headcount and expanding its Open Banking-focused team. Bud is a London-based banking app and website that aggregates and links financial services from banks, fintechs, and other industry players. Its platform connects products including bank accounts, credit, pensions, investments, FX and more. Partners include WiseAlpha, Goji, Growth Street, Trussle – 30mins, Scalable Capital, Transfermate, and Assetz Capital. The company raised £1.5m in funding to support growth. Bud is using the funds to expand operations, hire new people, and continue to develop the platform. Founded in 2015 by Ed Maslaveckas and George Dunning, the company focuses on integrating a broad set of financial services into a single interface.