UnitPlus has closed a new financing round of 4.7 million euros, led by the UK-based VC Pact and the Liechtenstein-based FinTech investor Seed X. The round also included contributions from other VCs, prominent business angels, and existing investors, such as Ewor founder Daniel Dippold, Alexandros Bottenbruch of PayPal Ventures, the Dr. Giesen Family Office, and former German Justice and Economic Affairs Minister Brigitte Zypries.
As reported by industry media like Börsen-Zeitung, Finance Forward, and Startbase, we achieved significant growth in the first half of 2024 with a 134% increase in assets under management. This strong customer trust and the backing from new investors highlight the potential of UnitPlus and further motivate us to advance and refine our products for both company and individual clients.
Our CEO and co-founder, Fabian Mohr, emphasizes, “The growth financing is compelling evidence of our efforts to deliver real innovation and added value in the capital market for both individuals and businesses. Thanks to strong customer confidence and the resulting growth in recent months, we were able to complete a successful financing round in a challenging environment, which will fuel further expansion of UnitPlus.”
Monik Pham, partner at Pact adds: “UnitPlus has shown remarkable growth with minimal resources, unprecedented in Europe. While SMEs form the backbone of the European economy – representing 99% of all businesses and employing almost 100 million people – their treasury needs remain largely underserved. UnitPlus Business is uniquely positioned to fill this gap, becoming the digital capital market CFO for mid-sized companies seeking smart cash management solutions.”
New funds to drive the expansion of UnitPlus
With this new funding, we are enhancing our technological infrastructure to provide an even better user experience and a broader offering. We are working on innovative investment products that deliver real value for both private and corporate clients. UnitPlus users can look forward to new products and features that will be rolled out soon. Key developments include:
Active ETFs: To provide additional diversification options, we’re introducing new active ETFs and private equity products in partnership with renowned providers.
AI-based Savings Plan: For our individual clients, we are developing an AI-supported savings plan, leveraging artificial intelligence to assist investors in optimizing their investment strategies.
UnitPlus Business: On the corporate side of our offerings, we are advancing toward becoming the world’s first complete software solution acting as a virtual capital markets CFO for companies. This platform will further support efficient allocation decisions, independent of interest rate conditions, and significantly contribute to increased profitability.
Finally, we’d like to thank our clients and investors for their trust and we look forward to taking the next steps together.