Indy secures $42.6m Series B and ditches old Georges.tech name

French FinTech startup Indy has added $42.6m to its coffers on the back of a Series B round and changed its name from Georges.tech.

The company, which has created an accounting solution, will use the cash influx to fund the launch of its services in the US, reported EU-Startups.

Founded in 2016, Indy’s technology collects data and processes it before passing it along to the appropriate authorities.

The Lyon-based venture boasts about having roughly 40,000 clients. Indy has previously raised a ?1m and a ?10m round.

?We are witnessing, in this sector, a transition similar to the one experienced by online banking some fifteen years ago,said C?me Fouques, CEO and co-founder of Indy.

Copyright ? 2021 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.