Priya Patel
TLDR:
- Dutch revenue-based financing startup Levenue has acquired Zurich fintech MidFunder to strengthen its operations in Switzerland.
- MidFunder offers fair and non-dilutive capital to business owners through crowdfunding and revenue-based financing for digital businesses.
Netherlands-based Levenue, a revenue-based financing company, has announced the acquisition of Zurich-based fintech MidFunder. This strategic move aims to enhance Levenue’s operations in Switzerland. MidFunder, founded by Patrick Frei and Pascal Schumperli, offers fair and non-dilutive capital to businesses, focusing on crowdfunding for SMEs and revenue-based financing for digital businesses. The company stands out for its efficient financing process, providing funding within three days of listing on the marketplace.
Levenue, founded by Benjamin Rieder and Zahra Alubudi, helps subscription-based businesses leverage future cash flows. The acquisition of MidFunder aligns with Levenue’s mission to provide innovative and efficient financing solutions to businesses in Switzerland and beyond. By joining forces with MidFunder, Levenue aims to revolutionize business financing and strengthen its presence in the Swiss market.
