Mifundo secured €2.5M grant funding from EIC Accelerator!

 

Our member, Mifundo, has secured €2.5M grant funding from EIC Accelerator!

Fintech Belgium is proud to announce a major milestone for Mifundo! European Innovation Council (EIC) has decided to honor Mifundo with a grant of €2.5M plus equity investment from its prestigious EIC Accelerator program. This support is a testament to Mifundo’s mission to revolutionise the financial sector in Europe by enabling seamless cross-border credit data transfer.

In total, EIC will invest 411 million euros in 68 companies that develop technology of strategic importance to Europe and have disruptive potential on a global scale. These were selected in a highly competitive process from nearly 1,000 candidates.

Kaido Saar, CEO and Founder of Mifundo, stated, "With this funding, we plan to integrate more countries, advance our pan-European data model, and expand our data service coverage within the EU."

The biggest congratulations from the Fintech Belgium team 👏

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