German startup Remagine lands €20M in a seed round

Berlin-based fintech Remagine has closed a €20 million seed round from business angels such as former Global Head of Google Payment Jonathan Weiner and COO of Venmo Michael Vaughan, EU-Startups reports. 

Founded in 2019 by Julia Profeta Johansson and Sebastian Dienst, Remagine is a finance platform that empowers businesses through accounts, team cards, analytics, and payment solutions including multi-IBANs, and provides tech-driven financial products tailored for founders and startups. 

The company supports founders with up to €1 million in revenue-based funding, without taking equity, board seats, personal guarantees, or warrants. It has already provided financing to over 20 startups, while operating in stealth mode.

“Having already provided financing to numerous companies, the funds raised will allow us to support many more startups towards more impact. With the upcoming launch of our accounts and cards, we’re excited to continue to grow the team, invest further in our products, and help create a world where money and business are forces for good,” Profeta Johansson told.