Multibanking Fintech Company Finanzguru Raised €8 million

Thanks to clever marketing, Finanzguru has had a respectable 500,000 registered users for some time now (a figure that has recently stagnated despite strong ratings in the app portals) - but very few customers have been willing to pay for this...

Multibanking Fintech Company Finanzguru Raised €8 million
Thanks to clever marketing, Finanzguru has had a respectable 500,000 registered users for some time now (a figure that has recently stagnated despite strong ratings in the app portals) - but very few customers have been willing to pay for this service. In 2020, the total revenue was around $1.15 million (€1 million), but last year it was still around $2.3 million (€2 million), according to the Michel brothers.