24 October 2017

German fintech startup zuper targets crowdfunding raise

22 June 2017  |  4137 views  |  0 Source: zuper

“Higher and higher fees, little innovation, fewer branches: banks have left their customers behind,” says Alexey Rubtsov, the co-founder of a new German fintech startup, “We want to flip that power dynamic into the hands of the customer and put the people first”

With a unique strategy and technology to deliver more convenient money management to the public, zuper GmbH — a startup team based in Munich — has just launched a €500,000 campaign at Seedrs, Europe's largest equity crowdfunding platform.

“We’ve already raised over €1 million in private investment, but this crowdfunding raise at Seedrs gives us a chance to involve more people who understand how we want to improve personal finance,” said Rubtsov, “Retail banking is a €68.3 billion market in Germany alone, but people everywhere have these needs, so our opportunities reach across Europe and around the world.”

Chosen as one of the "50 most promising early-stage startups" for Fintech.Pioneers by Pioneers.io, Zuper soft-launched Android and iOS apps in January and has steadily grown its user base in the German market. To date, more than 2,300 people who have chosen to download the app.

“With our apps, we help our users to get control of their finances. That’s today, but the big picture is so much more than that — we’re working to help people become financially healthy. Thanks to machine learning and AI, zuper is going to make it easy for people to navigate the tricky parts of money management and integrate wealth-building into their everyday lives.” Rubtsov said.

The zuper app — available in German or English — can be found in the iPhone and Android app stores in Germany.  

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlRegister nowvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
20230 views comments | 31 tweets | 43 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
15430 views comments | 24 tweets | 32 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
11102 views comments | 12 tweets | 23 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
9225 views comments | 15 tweets | 29 linkedin

Featured job

Find your next job