# Fintecture

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

- Industry: Financial Services
- Headquarters: Paris, France
- Website: www.fintecture.com
- Total disclosed funding: $41M
- Latest round: Series A (Mar 15, 2022)
- Investors on record: 7

## About

Fintecture SAS is a French payment institution offering innovative transaction solutions that enhance the efficiency of financial processes for individuals and businesses across Europe.Fintecture SAS was founded in 2018 and operates as a payment institution regulated by the Banque de France and the ACPR. The company is headquartered in Paris, France. The co-founders, Faysal OUDMINE and Tatiana Rozoum, have a history in fintech and innovation. In March 2022, Fintecture raised EUR 37.01 million in a Series A round, the full amount raised to date, with participation from investors including Euler Hermes, Eurazeo, HEC Paris, RTP Global, and others. This funding aims to enhance product development as part of their growth strategy.Fintecture offers a range of payment solutions, including Immediate Transfer, Intelligent Transfer, and Verified Disbursement. These products improve transaction processing by allowing users to collect funds quickly without inputting IBAN details, automating real-time payment reconciliation, and securely managing customer refunds. Their services cater primarily to e-commerce, retail, and service sectors, focusing on addressing issues like payment fraud and transaction efficiency in the French and broader European markets.Fintecture operates on a transaction-based revenue model, earning from service fees associated with its payment solutions. This model enables businesses to enhance cash flow by integrating immediate payment links into their invoicing systems, ensuring secure and efficient transaction processing. The combination of their key offerings supports the financial performance and growth of their clients' operations.Following the EUR 37.01 million Series A funding raised in March 2022, Fintecture plans to further strengthen its product lineup. The company aims to develop and launch new payment solutions tailored for expanding markets, targeting specific regions across Europe by the end of 2023. The funding will be allocated to enhance product innovation and development, reflecting their commitment to optimizing financial transactions for their clients.

## Funding rounds

- Series A, Mar 15, 2022, $41M — Eurazeo, Société Générale Group, Euler Hermes, RTP Global, Target Global, Samaipata Ventures, HEC Paris

## Investors

- Eurazeo (https://capitalatlas.ai/funds/eurazeo) — Series A
- Société Générale Group — Series A
- Euler Hermes — Series A
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series A
- Target Global (https://capitalatlas.ai/funds/target-global) — Series A
- Samaipata Ventures (https://capitalatlas.ai/funds/samaipata-ventures) — Series A
- HEC Paris — Series A
