XAnge and WeltN24 both took part in a series A round for Savedo, which enables users to deposit money in foreign savings accounts.
XAnge, an investment firm backed by French postal service La Poste, has participated in a $5.6m series A round for Germany-based fintech startup Savedo.
Kreos Capital, Point Nine Capital, German Startups Group and fintech incubator FinLeap, which helped create the company, also provided capital. Media company WeltN24 signed a media-for-equity deal as part of the round, though further details have not been disclosed.
Founded in 2014, Savedo acts as a middleman for consumers who want to invest their money in…
