Divilo — Seed · €4M

Divilo, a Madrid neobank for businesses and freelancers regulated by the Bank of Spain, closed its second funding round on 30 July 2021 with €4M (reported as US$4.7M). That takes its total raised to €5.2M. The new shareholders are entrepreneurs from sectors such as pharma, distribution, ride-hailing, finance and cybersecurity, with no lead named, and the company planned to raise €25M over the next 18 months.