Tech Company Financing Transactions
Finmap.online Funding Round
Finmap.online, based in London, raised $1.1 million in funding from SMOK Ventures, Capital Genetics and private investors.
Transaction Overview
Company Name
Announced On
2/27/2023
Transaction Type
Venture Equity
Amount
$1,063,000
Round
Undisclosed
Investors
Proceeds Purpose
Cash secured, Finmap.online is continuing its localisation drive to spearhead Polish and Turkish expansions, as well as marketing in English and Spanish-speaking countries. Proceeds will also support fresh hires while its overseas presence has been elevated in the last 12 months, with paid-for foreign users now accounting for 36% of its clientele, from 11% previously.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
41 Devonshire Street, Ground Floor
London, W1G 7AJ
UK
London, W1G 7AJ
UK
Phone
Undisclosed
Website
Email Address
Overview
Finmap is cash flow management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons -- income, outcome and transfer -- all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, a statement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Solovei
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