As you might have noticed, we celebrated a new milestone last month. In case you missed it: Flow has raised €3.5 million to further expand our Self Driving Money vision to the next level. You can read more about it here. We loved your responses and the published articles, which made the festive momentum even stronger!
The capital enables us to scale up our platform and to develop artificial intelligence for that purpose. We’re all about taking the step towards 'self-driving money': smart, fully autonomous money management. Not only in the Netherlands, but ultimately across Europe.
As tech.eu reported: ‘Amsterdam-based Flow has raised €3.5 million in a seed investment round. The fintech startup helps keep users’ in the flow by providing a fully autonomous money management service. The new capital is expected to help the firm press further forward with scaling activities. To date, Flow has raised a total of €4.8 million.’
Silicon Canals’ headlines: ‘After turning down Dutch Dragon’s Den offer, Amsterdam-based fintech Flow Your Money raises €3.5M.’
They continue: ‘The company has already been on the Dutch version of Dragon’s Den, a world-famous reality pitch shows that gives entrepreneurs an opportunity to pitch their ideas to top names in the business world.
After the questions round, Michel Perridon and Pieter Schoen showed their interest in the startup. According to Flow, the final bid was made for €1.5M for 20 per cent of the company. However, founders Daan van Klinken and Niels Mulder thought that the asked equity by the investors was a bit on the higher side and hence the deal did not go through.’
Also Marcel van Oost, Quote, De Ondernemer, Young Business Awards, Emerce, Baaz, Techvisor, MT Sprout, M&A, shared our good news. And internationally: Tech.eu, AIExpress, Bitebi, Business Express, Cybernews, Daily Advent, Fintech Global, East Tip, Explode Africa, Finsmes, Fintech Global, IBS Intelligence, Invozone, L’entrepreneur, NewsExplorer, Nordic9, PYMNTS, Silicon Canals, Startups Magazine, Tech Register, De Telegraaf and This Week in FinTech.