BANKTRACK EXTENDS ITS FUNDING ROUND TO €2M, LED BY KFUND, 4FOUNDERS, AND LIFEX. PARTICIPATION FROM BUSINESS ANGELS AND ENISA
Kfund, 4 Founders Capital, and LifeX led the spherical, with assist from about twenty enterprise angels skilled in founding tech firms and ENISA’s backing.
Banktrack Founders: Carlos Pérez, Nacho González-Barros, and David Álvarez.
Indra Kishinchand López.
Banktrack, a treasury administration software program for SMEs, has prolonged its funding spherical to 2 million euros, showcasing the corporate’s short-term potential.
The spherical was as soon as once more led by Kfund, 4 Founders Capital, and LifeX, reaffirming their confidence in Banktrack. Moreover, greater than twenty enterprise angels, many with expertise in founding profitable tech firms like Holded’s founders Javier Fondevila and Bernat Ripoll, participated, alongside ENISA’s assist.
The funds raised can be used to boost the treasury monitoring software program’s options and increase the customer support and gross sales groups, aiming to speed up development in Spain earlier than venturing into worldwide markets.
“This funding round will boost our growth, allowing us to validate our business model in Spain this year. Our goal for 2025 is to start operations in other European countries,” mentioned Nacho González-Barros, co-founder of Banktrack.
Since its launch, Banktrack has gained 500 purchasers and goals to succeed in 2,000 purchasers by year-end.
Banktrack strives to supply SMEs, startups, and freelancers higher management over their bills and revenue. The software gives real-time, easy but complete management over present and future revenue and bills and provides an revolutionary monetary alert service by way of WhatsApp and e-mail.
“We have identified a genuine need for software that helps small business owners manage their treasury more efficiently, saving them time. At Banktrack, we focus exclusively on helping SMEs manage their expenses and income, foregoing other complex accounting features that many don’t need as their accounting firms already handle that. This focus on a specific area allows us to be highly competitive and offer a much simpler and more intuitive user experience,” defined González-Barros.
Banktrack’s profitable funding spherical of two million euros, led by Kfund, 4 Founders Capital, and LifeX, together with assist from skilled enterprise angels and ENISA, underscores the corporate’s sturdy potential. The funds can be utilized to boost their treasury administration software program, increase their workforce, and speed up development in Spain earlier than shifting into different European markets. With a deal with serving to SMEs, startups, and freelancers higher handle their funds, Banktrack goals to supply a streamlined, user-friendly expertise. This funding marks a big step in direction of their aim of changing into a number one monetary administration software in Europe.
Media Contact
Group: Banktrack
Contact Particular person: Banktrack
Web site: https://banktrack.com/en
E-mail: david@banktrack.com
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