Swiss fintech startup Numbrs reaches unicorn status

Friday 23 August 2019 14:08 CET | News

Switzerland-based mobile banking startup, Numbrs, has raised USD 40 million, valuing the company at more than USD 1 billion and certifying its unicorn status.

The 2014-founded fintech has now set its sights on countries outside its main market, Germany, and aims to break even within the next two years, according to its CEO, Martin Saidler.

The app has more than 50 individual and family investors. Fintech startup Numbrs, which at this moment has more than 50 individual and family investors, allows users to manage multiple bank accounts in one place. Starting with 2020, Numbrs plans to establish the UK as its second main market next to Germany, and after that, the startup plans to expand to other European countries.

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Keywords: Numbrs, Switzerland, unicorn, funding, fintech, startup, Europe, mobile banking, unicorn status, bank accounts
Countries: World