The financing round was led by TCEE Fund IV to support regional expansion and product development.
"European SMEs need smarter infrastructure, not just digital banking. We are integrating AI and automation across our platform to reduce friction, unlock better insights and give businesses clearer control over their finances. Our AI-native solutions are designed to be invisible, helping customers seamlessly without friction. More than 15,000 European SMEs already bank on Wamo, and we are now on a fast track to deliver a hyper-personalised experience to many more. We want to reach 100,000 customers, and make every single Wamo experience unique and specific to each of them."
The pre-seed round was led by Fuel Ventures to scale partnerships in the Build to Rent sector.
"We founded Arrival because the system for managing household utilities is fundamentally broken and exploitative. Tenants are currently wasting critical time – nearly half a day every month – and are often paying thousands more than necessary by remaining on expensive, default tariffs. We built Arrival to solve this exact problem, offering a comprehensive solution that takes under three minutes to set up and guarantees the cheapest tariff, giving renters control back and eliminating life admin worry. This funding is crucial for scaling our platform faster and accelerating strategic partnerships, especially within the rapidly growing Build to Rent sector."
The seed round was led by Alstin Capital with backing from Backed, Love Ventures, and existing investors.
"Round was started after the founders saw both sides of the problem first-hand. Incumbents were too slow and constrained to evolve, while challengers built powerful but isolated tools. Nothing connected, leaving businesses to manage money across fragmented systems. With AI now able to execute workflows end to end, Round was built to unify it into a single system"
