# Denario

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/denario

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.denario.io
- Total disclosed funding: $1.5M
- Latest round: Seed (Jan 10, 2022)
- Investors on record: 4

## About

Based in Berlin, Germany, and founded in 2021, Denario GmbH operates as a payment processor company. Philipp Pohlmann is the founder of the company. In January 2022, Denario GmbH raised USD 1.5 million in seed funding led by new investor 468 Capital, with participation from other new investors MPGI, CARS24 Services Private Limited, and Presight Capital.

The company provides software that integrates organizations' financial tools, such as bank accounts, Stripe, and PayPal, using open banking. The software allows users to collect invoices from a variety of sources, including Dropbox, email, and OneDrive, which are then automatically processed and can be scheduled for single or bulk payment.

The company plans to use the seed funding received in January 2022 to advance its automated software that allows businesses to do their financial processing without using traditional banking or financial administration tools.

## Funding rounds

- Seed, Jan 10, 2022, $1.5M — MPGI, CARS24 Services Private Limited, Presight Capital, 468 Capital

## Investors

- MPGI — Seed
- CARS24 Services Private Limited — Seed
- Presight Capital — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed