Fintecture raised $7.5 million in a seed funding round led by Target Global.
Fintecture, a Paris, France-based software developer of a payment infrastructure platform, announced that it completed a $7.5 million seed funding round.
Proceeds will be used for hiring more people as the company plans its further business growth.
Fintecture, founded in 2017 by Faysal Oudmine and Tatiana Rozoum, developed a bank to bank instant payment solution, which was commercially launched in France in 2020. The company is licensed as a payment institution in 30 EEA countries and has developed API integrations in most banks across Europe.