Berlin-based Moss hits unicorn status after closing €30 million Series C to expand its Finance AI suite
Berlin-based FinTech startup Moss has achieved unicorn status following a €30 million Series C funding round, now valued at over €1 billion. This significant milestone underscores the growing investor confidence in Moss’s innovative approach to digital finance management for European small and medium-sized enterprises. The company’s ambition extends beyond its current spend management platform to further develop its Finance AI product suite.
Moss offers a comprehensive digital spend management solution integrating corporate cards, invoice management, and reimbursements. Its platform features real-time budgeting, smart approvals, and automated accounting, designed to streamline financial operations for modern finance teams. The company is committed to building the future of finance through AI, emphasizing customer control and transparency within its automated processes.
The startup's platform is BaFin-regulated under PSD2 and holds ISO/IEC 27001:2022 certification, demonstrating a strong commitment to security and compliance, particularly with regulations like DORA. Moss employs advanced security measures including multi-factor authentication, biometrics, and robust encryption protocols, with all data securely hosted on Google Cloud Platform in Germany, reinforcing its focus on European digital sovereignty. Moss currently serves over 5000 businesses across Germany, the UK, the Netherlands, and Austria, processing more than 2 million transactions monthly through its AI agents.
Curated and translated by Europe Digital for our multilingual European audience.
Why this matters for European digital sovereignty
Berlin-based FinTech Moss's achievement of unicorn status highlights the strength of the European startup ecosystem in digital finance solutions. The company's focus on AI-driven spend management and commitment to European data residency, supported by BaFin regulation and ISO certification, aligns with the broader European digital sovereignty agenda. With expansion plans across the continent, Moss is poised to further solidify its position in the European market for SMEs.
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