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Your startups of the month

In September, we will once again be choosing the Startups of the Month, i.e. the companies that have particularly interested many Munich Startup readers this month.

September 29, 2023 3 min reading time

Ivy
3rd place: Third place this month goes to IvyThe Munich-based startup raised €18.5 million at the beginning of the month. Just five weeks ago, the fintech company closed a €7 million seed funding round. Ivy has developed an API with which it aims to enable open banking payments worldwide. Direct account-to-account payments eliminate the need for intermediaries like Visa and thus their transaction fees. The fresh capital from the Series A financing round The Munich-based startup plans to use this to expand its banking operations to other regions and acquire merchant customers in these markets. (Photo: Ivy)
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