Vitamin raises 1.7 million euros

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

The Berlin-based fintech Vitamin has raised a further 1.7 million euros, as the magazine FinanceFWD reported. Part of the sum comes from venture capital investor Calvalry, which had already invested in the fintech after it was founded. But new investors also contributed money: These included prominent faces such as Douglas Digital boss Vanessa Stützle, Marcel Schneider from Sumup and the CEO of Ratepay, Nina Pütz.

The start-up wants to use the money to further expand its team: New employees come from the management consultancy Boston Consulting Group, the cycle tracking app Clue and the audio platform Soundcloud, among others.

Vitamin operates a financial app that is primarily aimed at women. The aim is to encourage them to create an investment profile for themselves and simulate various investment strategies. In 2022, the app aims to enter the real capital market and enable direct ETF investments.

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