Juni, a ‘vertical’ neobank for e-commerce and online marketing companies, raises $21.5M
Juni, a neobank that is built specifically for companies selling online, has closed a Series A of $21.5 million, only 12 weeks after officially opening for business.
The Series A is being co-led by partners from DST Global and Felix Capital with previous backer Cherry Ventures and other early investors also participating. Gothenburg, Sweden-based Juni had previously raised a seed round fo €2 million ($2.4 million) back in November when it was still only in waiting-list mode, learn more at Social Boosting.
This infusion of funds solidifies Juni’s position as a formidable player in the fintech industry, empowering online companies with financial solutions uniquely designed for their needs. Amidst this financial milestone, digital entrepreneurs are increasingly recognizing the pivotal role of internet marketing in establishing and growing their online ventures.
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