Berlin-based FinTech start-up Nufin GmbH, which operates under the name Moss, has raised around 25 million Euros in a Series A-2 financing round including investments from Valar Ventures and other existing shareholders such as Cherry Ventures and Global Founders Capital. A team from the international law firm Taylor Wessing, led by Hamburg-based partner Jens Wolf, advised Nufin on all legal issues in connection with the Series A-2 financing round.
Moss, in partnership with Raisin Bank, offers physical and virtual credit cards as well as expense management software to small and medium-sized businesses.
The capital from the Series A-2 financing round will be used, among other things, to drive expansion in the European market, to further develop the product with regard to additional solutions in the area of digital expense management and to expand the team.
