finmid Raises €17M Series A Extension

finmid, a Berlin-based embedded lending company, has raised €17 million in a Series A extension round, bringing its total funding to date to €52 million. The company provides financing infrastructure that enables platforms to offer embedded lending products to their business customers.

Investors

The round was backed by Big Pi Ventures and Mainset, with existing investor Earlybird also participating.

finmid Use of Funds

finmid plans to use the new capital to expand its asset finance products, multi-source funding infrastructure, and underwriting capabilities. The funding will also support the company's entry into vehicle financing and marketplace loans for partners including Bolt and Skroutz.

About finmid

Founded by Alexander Talkanitsa and Max Schertel, finmid provides embedded lending technology that allows marketplaces and platforms to act as financing partners for their business users without becoming banks. The company supports financing programs for platforms such as Wolt, Delivery Hero, and myPOS.

Funding Details

Company Website: https://finmid.com

Company: finmid
Raised: €17M
Round: Series A Extension
Funding Date: October 2026
Additional Investors: Big Pi Ventures, Mainset, Earlybird
Software Category: FinTech
Source: https://retailtechinnovationhub.com/home/2026/10/5/european-embedded-lending-firm-finmid-bags-17-million-series-a-extension-as-total-funding-hits-52-million