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Podcast: The SaaS CFO
Episode: Fast Growing German Fintech Raises $16M to Automate Accounts Payable
Description: I spoke with Christian Ritosek, co-founder and CEO of CANDIS. Heβs helping finance departments in German companies improve their AP technology. He should pass $10M ARR this year as CANDIS expands into Europe.
CANDIS, a Berlin, Germany-based fintech software provider, raised $16 million in its latest funding round to assist businesses in automating their accounts payable (AP) function, bringing CANDIS's total funding to $30 million.
The round was led by Viola FinTech and returning investor Lightspeed, and Viola Ventures also participated in the round. With a focus on the SME market, it will now concentrate on ex...