N26 Startup Mafia: Finmid exits Stealth with backing from N26 founder
- Berlin-based fintech startup Finmid has launched after 3 years in stealth mode, with a combined €35 million in funding.
- Finmid was founded in 2021 by former N26 executives Alex Talkanista and Max Schertel.
- It is backed by N26-founder Max Tayenthal - Alex and Max's former boss -, as well as Blossom Capital and Earlybird VC.
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- Finmid also announced a partnership with Wolt, a Helsinki-based delivery platform with a strong presence, including a Tech Hub, in Berlin.
- Finmid will provide flexible financing options for Wolt's merchant partners through 'Wolt Capital', offering cash advances to support business development.
- Finmid also partnered with Safi, a recycling marketplace, to address cash flow challenges for recycling facility managers waiting on extended payment terms.
Source: Silicon Canals , Wolt
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