EasyEuro, a France-based fintech startup, introduced this week it secured $four million via its newest funding spherical, which was led by Shanghai-based Ally Capital, with participation from seed buyers SwiftPass, Geoswift, Huashan Capital and Unity Belongings. The funds will likely be used to launch EasyEuro’s neobank that will likely be devoted to small to medium companies (SMEs) between Europe and Asia.
Based in 2017, EasyEuro describes itself as an API Financial institution that’s designed for SME and PSS buying and selling. The startup is now an e-money establishment approved by the Monetary Conduct Authority (FCA).
“EasyEuro provides you new passport to handle what you are promoting in additional than 130 international locations and areas. EasyEuro was based by a gaggle of execs with worldwide imaginative and prescient and keenness that come along with a transparent objective – make cross-border cost simpler and extra environment friendly. The core members of the corporate are from well-known corporations reminiscent of Ant Monetary, Huawei, HSBC, Western Union and MasterCard. EasyEuro presently concentrate on offering progressive monetary companies for cross-border SMEs working between China and Europe.”
In keeping with Tech.eu, EasyEuro’s shoppers might apply for a MasterCard linked with their EasyEuro account which may be used worldwide. This digital pockets helps main cost strategies, together with Visa, MasterCard, WeChatPay, Alipay and UnionPay.
