Unnax — Seed · €1.5M

Unnax's second round, €1.5M led by Spanish-Israeli fund manager Swanlaab Venture Factory through its Swanlaab Giza Innvierte I FCR fund, with Keyword Venture Capital and telecoms group CSQ also participating. At the time the Banking-as-a-Service platform had 16 employees, around 40 clients and over 100,000 monthly transactions, and planned to enter France, Italy, Poland and the Netherlands; databases such as Crunchbase and Tracxn record this as the company's seed round.