Cringle
Latest round
- Seed
Last raised
- Nov 2013
Total raised
- Undisclosed
Investors
- 1
About Cringle
Cringle is a financial technology company that provides innovative solutions for secure payment transactions, enabling users to send and receive money easily.Cringle operates as a financial technology provider specializing in digital payment solutions. Established with an aim to streamline money transfers, the company is headquartered in Berlin, Germany. The company has closed a total of 5 deals, with its most recent deal occurring on October 31, 2016.Cringle offers a platform that simplifies money transfers between users, emphasizing user-friendly interfaces and secure transactions. Their service includes peer-to-peer payment solutions, allowing individuals to send and receive funds seamlessly, which is particularly beneficial for those looking for quick and efficient financial transactions.Cringle generates revenue through transaction fees associated with their payment services, providing a direct channel for monetization as users engage with the platform for their financial needs. The company is focused on developing new features for its payment platform, aiming for a rollout by late 2023. Additionally, Cringle is considering geographic expansion into other European markets, targeting countries such as Austria and Switzerland by 2024 to broaden its user base and market presence.
Who invested in Cringle
1 investor across 1 round
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Funding rounds
Seed
Nov 7, 2013
Amount
Undisclosed
Investors
Questions about Cringle
Who invested in Cringle?
Cringle has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cringle raised?
Cringle has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cringle last raise money?
Cringle's most recent round on record is a Seed, in Nov 2013.
What does Cringle do?
Cringle is a financial technology company that provides innovative solutions for secure payment transactions, enabling users to send and receive money easily.
Where is Cringle headquartered?
Cringle is headquartered in Berlin, Germany.
Which VCs invest in companies like Cringle?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back financial services companies at Cringle's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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