Vitamin raises 1.7 million euros

Fintech Vitamin has once again convinced investors. The money comes from new and old business angels.

Berlin-based fintech Vitamin has raised another €1.7 million, the magazine FinanceFWD reported. Part of the sum comes from venture capital investor Calvalry, which had already joined after the fintech was founded. But new investors also contributed money: Among them prominent faces, such as the Douglas Digital boss Vanessa Stützle, Marcel Schneider of Sumup and the CEO of Ratepay, Nina Pütz.

The startup hopes to use the money to continue building its team: New hires come from management consulting firm Boston Consulting Group, cycle tracking app Clue and audio platform Soundcloud, among others.

Vitamin runs a finance app aimed primarily at women. It aims to encourage them to create an investment profile for themselves and be able to simulate different investment strategies. In 2022, the app aims to move into the real capital markets and allow direct ETF investing.

Many may still know the fintech vitamin under its former name Alice. Even before the market launch, the company had raised one million euros from investors, as Startbase reported in August.