Denario raises 1.3 million euros

The start-up was founded by former Qonto manager Philipp Pohlmann.

The Berlin start-up Denario has raised over 1.3 million euros in a financing round. This is reported by Finance Forward. The Berlin venture capital firm 468 Capital contributed the most. Presight Capital and entrepreneur Mato Perić, founding investor of companies such as Scalable Capital, Cars24 and the Razor Group, also invested.

Denario is a new start-up by Philipp Pohlmann, who once headed the business banking provider Qonto. He left the company in November 2020 and little has been heard from him since then. He had stated on Linkedin that he was the co-founder of a "fintech in stealth mode". The reason he gave for leaving Qonto in 2020 was that he wanted to found his own company. The portal It-Zoom quoted him as follows at the time: "The successful market entry as well as the positive developments made it easier for me to make the decision to realize my long-standing desire to start my own company."

Denario - like Qonto - is based in the business banking sector. The company wants to make payment transactions easier for start-ups and small businesses. Soon "both sides" will become customers: Billers and bill recipients. The company generates a link for its customers. When recipients receive the link, they can use it to pay money to the sender.