Finway raises €2.5 million in a round backed by btov

Finway, a Munich, Germany-based SAAS for helping SME's with their finance management, secured a €2.5 million ($3M) capital funding round.

The money was raised from investors includin btov Partners.

Finway, founded in 2019 by CEO Jennifer Dussilek, Csaba Krümmer and Philipp Rieger, aims to develop what they call a Financial Operating System for small and medium sized companies. The company developed a SAAS that should help people working the finance department or management, by performing tasks such as budgeting, purchasing and invoice approval,, payment transfers or bookkeeping.