Younited raises $ 170 million and aims to “become the leading European credit and payment platform”. European FinTech in the personal loans sector, Younited aims to “simplify the life of consumers and businesses in search of personal financing and flexible payment solutions”. It is not the first round of investments that European fintech collects, already in 2018, it had already successfully completed the second largest financing round on the French FinTech market. Taking into account today’s new equity round, Younited has so far raised a grand total of $ 400 million from its shareholders.
Today FinTech, a member of # Next40, is present in 5 countries, representing a market of over 265 million European consumers, and has financed over 2.6 billion euros in loans since its launch in 2012. With this new round of financing, Younited reinforces “the ambition to continue simplifying what otherwise would remain a credit and payment experience extremely complicated “.” The SaaS platform, entirely cloud, allows the full use of open banking data, made accessible thanks to the European directive Eu Psd 2 “he underlines
As a totally “data-driven” company, Younited has developed an innovative technology to provide a responsible, sustainable, and completely digital proposal “. “This significant new equity round will allow us to invest heavily on more disruptive technology and a data-driven product, for the benefit of our customers and partners, while accelerating innovation at the same time ” comments Charles Egly, co-founder and CEO of Younited. “We are proud of this operation that strengthens our growth path and recognition as a European fintech leader ” adds Stefano Piscitelli, General Manager of Younited Credit Italia.