📍 HQ: Bucharest, Romania
🏭 Industry: Fintech
📣 Solution: Fagura is developing a marketplace based on P2P lending technology, where people looking for loans at a lower interest rate than the financial market and meet with investors.
👯 Founder(s): Tudor Darie
📅 Founding year: 2019
💰 Investment amount (current round): €1 million
🌱 Stage: Seed
🚀 Funded by: This funding round was backed by uVentures and Mozaic Ventures, along with a group of angel investors, including Liviu Munteanu, Partner at Founders Bridge, a VC Fund active on the Romanian market and Radu Cheltuială, founder of iTicket, and others.
💡 It will be spent on their expansion of operations in Central and Eastern Europe. They will also enable the development of innovative digital services aimed at helping freelancers and small entrepreneurs through a financial ecosystem that provides access to capital and tailored tools for business growth.
💪 Their specialty: Fagura holds four licenses issued by regulatory authorities in the EU and the Republic of Moldova. These licenses provide a robust framework of protection for both entrepreneurs and investors.
🔑 Business model: Peer-to-peer (P2P); through commission
👥 Customer profile: Investors, freelancers and small entrepreneurs
