The fresh round of investment has come from a number of business angels, such as Michaël Benabou, Alain Krzentowski, Didier Rosenberg, and Laurent Dassault. Much of the new funds will be invested in marketing efforts and forging new partnerships for the alternative banking service.
“We are going to use [the funds] for building the greatest team possible and for marketing. Manager.one [has the] ambition to be the alternative to traditional banks,” a spokesperson said.
The company was launched in July of this year by Wormser Frères and FinTech Saga to provide alternative banking and financial management services to startups and SMEs.