Finovate Global Germany: spend management, embedded finance, and instant payments. This week's edition of Finovate Global features the latest fintech headlines from Germany. Berlin-based spend management platform Moss raises capital. Germany has a new fintech unicorn. Moss, a spend management platform based in Berlin, has raised €30 million ($35 million) in Series C funding. The round was led by Portage and Cherry Ventures. It brings the company's total funding to more than €200 million ($234 million) and gives the firm a valuation of more than €1 billion. The funding will enable Moss to develop additional AI agents to automate financial processes for small and medium-sized companies. "This round reflects the trust of customers and partners in shaping the future of finance," Moss CEO and Co-Founder Ante Spittler said in a LinkedIn post announcing the investment. "It allows us to expand beyond spend management and further build out our Finance AI product suite. Soon, Moss will allow customers to configure agents for every finance job while maintaining full control over every step and decision taken. This is Finance AI, shaped by you." Founded in 2019 by Spittler, Anton Rummel, Ferdinand Meyer, and Stephan Haslebacher, Moss was among the first fintechs to offer corporate credit cards to German startups. Today, the company combines corporate cards, invoice management, reimbursements, real-time budgeting, and automated accounting in a single platform. Moss leverages agentic AI to automatically categorize and reconcile transactions and reports that its AI agents process more than two million transactions a month. The investment also paves the way for Moss' development of what the company and investor Cherry Ventures refer to as Finance AI: "AI that prepares the work, shows its reasoning down to the ledger account, and takes no consequential action without the team's sign-off," Cherry Ventures noted in a LinkedIn post. "Moss asked its customers what they wanted from AI and built exactly that, control at every step." Cherry Ventures was referring to a Moss survey that indicated that 48% of financial leaders identified "control" as their top priority when it came to deploying AI, with only 6% wanting AI to have "full autonomy." Moss serves more than 5,000 businesses and generates more than €70 million in annual revenue. In addition to its Berlin headquarters, the company has offices in Tallinn and Amsterdam. YouLend partners with comrce on embedded capital. Embedded finance platform YouLend and e-commerce software platform for German SMEs comrce have forged a strategic partnership to help small businesses access working capital directly from within their current e-commerce operations. The partnership will combine comrce's e-commerce platform with YouLend's embedded finance technology to enable Germany's 24,000 merchants to explore potential financing options. "With YouLend, we are expanding our e-commerce offering with a service that can support merchants as they take their next steps towards growth," comrce Head of Partner Management Amirah Hadry said. YouLend and comrce have been partners since May, but are just now formally announcing their alliance. The partnership will make information about YouLend financing options available alongside the software and communications channels used by merchants to manage orders, inventory, accounting, and customer service. comrce will direct merchant financing queries to YouLend, which manages the financing process via its digital platform. "comrce is part of the day-to-day operations of around 24,000 merchants," YouLend General Manager Europe Leonard Strigel said. "Now, we are bringing them flexible financing options to give them greater access to growth capital. Our partnership demonstrates how embedded financing is incredibly vital to the day-to-day success of small businesses." Founded in 2015 and headquartered in the UK, YouLend offers an embedded financing platform that powers e-commerce, payments, and technology firms ranging from Amazon to SumUp. The company operates in more than 11 markets across the UK, EU, and US. A leading e-commerce software hub, comrce offers specialized e-commerce solutions such as Billbee (automated order processing), Amainvoice (accounting software), Replyco (e-commerce helpdesk), and VentoryOne (inventory management) from a single location. Headquartered in Twistetal, Germany, and founded in 2023, comrce gives retailers an integrated ecosystem for automation, multichannel management, and revenue optimization. N26 integrates with instant payments system Wero. Berlin-based neobank N26 has unveiled its support for Wero, the new pan-European instant payment system, via its mobile app. The launch makes the payment service available to eligible customers in Germany and France, with a gradual rollout to other markets planned for the future. N26 joined the payment system in December 2025, entering into a strategic collaboration that has culminated in the August launch. Embedding Wero into the N26 app's native transfer flow will enable users to benefit from a single European payment standard for daily digital transactions. The integration will allow users to send and receive funds instantly with individuals who do not hold an N26 account without requiring bank details or an additional app. Transfers are powered by SEPA Instant and the Wero network and arrive in the recipient's account in less than 10 seconds. "Instant payments without an IBAN have been a core N26 feature since our inception," N26 Chief Product and Business Officer Daniel Lappas said. "With Wero, we're extending this seamless experience to the broader European banking ecosystem, bringing the simplicity N26 customers already know to even more people." A European digital bank with a German banking license, N26 offers secure, digital-native banking to millions of customers across 24 markets. Founded in 2013, N26 offers bank accounts, debit cards, international transfers, savings and investments, and insurance products. Today, the bank holds more than €10.5 billion in customer deposits and reported annual revenue of more than €500 million in 2025, marking the firm's first full year of net profitability. N26 started the year with the launch of its N26 for under 18s solution, a debit card designed for children aged 7 to 17 and managed via their parent's N26 app. Here is its look at fintech innovation around the world. Central and southern asia. * India-based digital financial services firm Navi secured an investment of $100 million from Dutch asset manager Prosus. * India's RazorPay unveiled Vulcan, its AI payments foundational model, powered by NVIDIA and AWS. * IBS Intelligence looked at how wealthtech is driving growth in India's fintech sector. Latin america and the caribbean. * Brazilian digital bank PicPay introduced an integration with ChatGPT, enabling customers to access financial data via generative AI. * Banco Plata, a Mexican neobank, announced its expansion into Colombia. * Uber invested in Chilean fintech Galgo to support the firm's motorcycle financing business. Asia-Pacific. * Ant International and the Bank of China (Hong Kong) forge strategic partnership to enhance cross-border payments. * Nexo Australia secured approval to launch crypto-backed credit lines. * Korea's Jeonbuk Bank announced a partnership with Ripple to deploy Ripple Payments for cross-border remittances. Sub-Saharan Africa. * South African payment gateway Onafriq partnered with Dubai-based credit infrastructure company _able and Visa to expand credit access in Africa. * Nigerian fintech Pouchers raised $500,000 in pre-seed funding to scale its stablecoin-powered cross border payments business. * Mastercard and Flash teamed up to expand access to digital payments in the Democratic Republic of the Congo (DRC). Central and eastern Europe. * The European Investment Fund (EIF) has partnered with Polish national development bank, Bank Gospodarstwa Krajowego (BGK), to launch a €30 million venture capital fintech fund. * Berlin-based AI-powered spend management platform Moss raised €35 million in Series C funding, earning a valuation of €1 billion. * PPRO teamed up with Blik to develop agentic commerce capabilities for local payments in Poland. Middle east and northern Africa. * Digitally native bank Yomo secured preliminary approval from the Central Bank of Egypt. * UAE-based payment gateway Telr teamed up with Jordanian commerce platform Jet Application. * Oman-based bank Sohar International launched its innovation hub to support the country's fintech ecosystem. art credit

Berlin-based Moss hits unicorn status after closing €30 million Series C to expand its Finance AI suite. August 5, 2026 Moss, a Berlin-based FinTech startup offering a digital spend management platform for European SMEs, has closed its €30 million Series C funding round at a valuation north of €1 billion. With this round, led by Portage and existing investors Cherry Ventures, Moss has achieved unicorn status. "This round reflects the trust of customers and partners in shaping the future of finance. It allows us to expand beyond spend management and further build out our Finance AI product suite. Soon, Moss will allow customers to configure agents for every finance job, while maintaining full control over every step and decision taken. This is Finance AI, shaped by you," Ante Spittler, co-founder and CEO of Moss, mentioned in his LinkedIn post announcing the round. Founded in 2019 by Ante Spittler, Anton Rummel, Ferdinand Meyer and Stephan Haslebacher, Moss is the all-in-one spend management platform built for modern finance teams. It brings together corporate cards, invoice management, and reimbursements with real-time budgets, smart approvals, and automated accounting built in. The company is on a mission to build the future of finance with Finance AI, and claims that it integrates with popular ERP systems like DATEV, Xero, and Exact Online, as well as HRIS systems such as Personio, BambooHR, and HiBob. Moss is a BaFin-regulated financial institution under the PSD2 framework and is ISO/IEC 27001:2022 certified. The platform is compliant with the Digital Operational Resilience Act (DORA). The company claims that it has integrated safety features to protect account access, task approvals, and payments, such as multi-factor authentication, biometrics, the 4-Eyes Principle, and SSO for organisation-wide access management. Moss protects data through industry-leading encryption protocols (TLS 1.2+ for data in transit and AES-256 for data at rest), strict access controls, and secure hosting exclusively on Google Cloud Platform (GCP) in Frankfurt, Germany. "AI can already do remarkable things in finance, but it isn't there yet. When we surveyed 471 finance leaders, 48% ranked control as their top priority, and only 6% want full autonomy. That's the standard we build to," Moss mentioned in its LinkedIn post. The company has grown to 5000+ businesses across Germany, the UK, the Netherlands and Austria. It is generating more than €70 million in ARR. Spittler says the company's AI agents help customers process more than 2 million transactions each month, automating manual tasks and freeing up time to create greater impact. This funding round comes four years after the company announced the closing of its Series B funding round of €75 million at a valuation of over €500 million. The Series B round was led by Tiger Global Management. "The next chapter is Finance AI shaped by the people who use it: AI that prepares the work, shows its reasoning down to the ledger account, and takes no consequential action without the team's sign-off. Moss asked its customers what they wanted from AI and built exactly that, control at every step," Cherry Ventures said in its LinkedIn post.