Germany-based fintech platform Figo has secured €6.8m ($7.2m) in a series B round featuring DB1 Ventures, the corporate venturing arm of securities exchange provider Deutsche Börse.
DB1 Ventures said it is paying a “seven-digit amount for a significant minority stake”. The investment firm will also serve as a strategic partner, providing Figo with greater visibility in the financial services sector.
Founded in 2012, Figo is the developer of a banking-as-a-service platform that aims to offer consumers a single secure account…
