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AideXa

ID: 7643349

The SME financing solution built on open banking principles Currently operates as credit institution, offering SME loans between €10.000 to € 100.000€ Utilises the PSD2 access to account utility to analyse client transactions for faster credit decisions Closed a large funding round of €45M in 2020 and acquired the lender Fide SpA to operate on its credit institution license Long term the fintech will evolve into a digital bank that offers simple, tech-driven banking products to SMEs

2

Funding Rounds

$105.9m

Money raised

Overview

The SME financing solution built on open banking principles Currently operates as credit institution, offering SME loans between €10.000 to € 100.000€ Utilises the PSD2 access to account utility to analyse client transactions for faster credit decisions Closed a large funding round of €45M in 2020 and acquired the lender Fide SpA to operate on its credit institution license Long term the fintech will evolve into a digital bank that offers simple, tech-driven banking products to SMEs

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Financial Details

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Funding series

Funding Series Analysis

The company AideXa has raised a total of $105.9m in funding over 2 rounds.

Key Insights:

  • AideXa , November 2020: $52.9m
  • AideXa November 2020 Seed Funding Round: $53m

Industries

AideXa is active in the following industries: