Tech Company Financing Transactions
NX Technologies Funding Round
PayPal, Motive Venture and Seaya Ventures participated in a $23.9 million Series B venture round for NX Technologies. The round was announced by the company on 3/20/2024.
Transaction Overview
Company Name
Announced On
3/20/2024
Transaction Type
Venture Equity
Amount
$23,880,000
Round
Series B
Investors
PayPal (Lead Investor) (Alexandros Bottenbruch)
Seaya Ventures (Aris Xenofontos)
Proceeds Purpose
NX Technologies plans to use the funding to strengthen its market position in Germany, expand into new markets across Europe, and accelerate the growth of its platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Hohenzollernring 89-93
Cologne, 50672
Germany
Cologne, 50672
Germany
Phone
Website
Email Address
Overview
We are a Cologne-based FinTech startup whose mission is to optimize and digitize payment management. In order to realize our vision, we started our journey in 2018 as a team of only 8 payment experts. In collaboration with German car dealerships we soon developed a technology-driven platform for holistic payment and receivables management: bezahl.de.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Lasse Diener
Chief Financial Officer
Markus Wolf
VP - Product Management
Ulrich Schmidt
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Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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