Over six million euros for Baufi24

The Berlin-based start-up brokers financing options for real estate. Baufi24 has now raised 6.7 million euros in a recent financing round.

The Hamburg-based fintech Baufi24 has raised EUR 6.7 million in growth capital in a Series A financing round. The venture capitalist Btov and the Helvetia Venture Fund are involved. The fund set up by Swiss insurance company Helvetia focuses on insurtechs. Baufi24 provides digital support for real estate financing. The money raised will be used to expand the technology. There are plans to open new branches with which Baufi24 will also provide advice locally as a franchise concept.

"With the Helvetia Venture Fund and BtoV, we have two strong investors on board to further advance our smart and innovative technology," says Tomas Peeters, CEO of Baufi24. The start-up will hire 40 new employees in 2021, he announces.

Baufi24 started out as a search engine for home loans back in 2006. In 2017, the start-up positioned itself more broadly and now brokers financing by comparing offers from 450 banks. It also provides on-site advice in 60 branches in Germany. In 2020, Baufi24 took over the fintech Finlink.