Finmid

Finmid, a Berlin-based fintech backed by N26 co-founder Max Tayenthal, has raised an $18.5 million Series A extension, bringing its total funding to $56.5 million. The company has also signed a deal with ride-hailing firm Bolt to offer drivers vehicle financing of up to $436,000 over four years.

German fintech Finmid has raised €17 million and announced a partnership with Bolt to offer API-based vehicle financing directly to fleet operators. The company's embedded lending model allows platforms in e-commerce and mobility to provide financing without traditional banks acting as intermediaries, positioning Finmid as a scalable infrastructure provider.