Switzerland-based unicorn Numbrs has collected CHF 27m ($30m) in a funding round, which it closed in December 2020.
The capital injection was led by Saidler & Co Finance, which supplied CHF 7m ($7.9m) of the total round. Other backers to the round were not disclosed.
Funds from the round will enable Numbrs to accelerate the deployment of its new subscription-based business model in the UK and Germany. Other key initiatives for 2021 include launching into three additional European markets, Spain, Italy and France.
Numbrs hopes to release a number of other functionalities to the platform later this year.
The FinTech offers a single mobile app that lets users manage all of their accounts, crypto wallets and loyalty cards in a single location. It also helps consumers to manage their finances and save money.
There are a range of offerings from the company including refinancing, transaction insights, future expense insights, transaction history, access to multiple currencies, live balances and more.
Late last year, the FinTech changed its business model and now focuses on a paid software-as-a-service subscription model in Germany and the UK.
Numbrs managing partner Fynn Kreuz said, “We are pleased to have successfully completed our 2020 fundraising activities in the difficult market environment induced by the COVID-19 pandemic. We would like to thank our shareholders for their continued trust and support.”
The FinTech became a unicorn in 2019, after closing a $40m round.
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