# MXNEY

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mxney-aps

- Industry: Financial Services
- Headquarters: Copenhagen, Denmark
- Website: www.mxney.io
- Total disclosed funding: $4.5M
- Latest round: Seed (Dec 10, 2022)
- Investors on record: 1

## About

Based in Copenhagen, Denmark, and founded in 2020, MXNEY ApS operates as a financial services company that provides capital financing for businesses within the eCommerce industry. In December 2022, MXNEY ApS raised DKK 32 led by People Ventures.

MXNEY ApS is an operator of a business-to-business funding platform designed to help e-commerce startups. The company provides capital to startups without requiring any equity or charging any interest on the funding; instead, they only take a proportion of the startup's daily sales until the funding is paid back, allowing e-commerce businesses to easily receive and reimburse capital.

The company plans to use the December 2022 funding to expand its product offering and grow the organization in Europe.

## Funding rounds

- Seed, Dec 10, 2022, $4.5M — People Ventures

## Investors

- People Ventures (https://capitalatlas.ai/funds/people-ventures) — Seed