Remagine,a Berlin, Germany-based investment platform for businesses, secured EUR 20m in seed funding.
Backers consist of fintech angel investors such as former Global Head of Google Payment Jonathan Weiner and former COO of Venmo Michael Vaughn.
The company plans to use the funds to speed up its product development and expand its team.
Founded by Sebastian Dienst and Julia Profeta Johansson, Remagine is a finance platform that enables business through accounts, team cards, analytics and payment solutions and offers financial products tailored for founders and startups. The company helps founders with EUR25k – 1m in funding, without taking equity, board seats, personal guarantees or warrants. It has already given financing to over 20 companies while still in stealth mode.