MUUME receives €5.3 million growth funding to further expand with its mobile payment solution

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Muumee-fintech-startup

The Swiss fintech company MUUME just closed its Series B funding round of €5.3 million. The fresh capital was invested by Swiss investors and the goal is now to further strengthen MUUME in its core markets in Germany and Switzerland and continue to drive growth in these and neighboring countries.

Headquartered in Cham (Switzerland) and founded in 2013, MUUME is a platform for digital services for daily consumption and for purchasing and ordering processes on smartphones, through which consumers individually complete their purchases and orders. MUUME is an expert in designing digital consumer buying experiences and for digital payment. We all know the trend that traditional consumer and purchasing processes are becoming digital processes on smartphones. MUUME operates independently of technology and payment methods and works with the highest safety standards.

Marco Samek, the CEO and co-founder of MUUME stated: “We are pleased to have found top investors who share our vision of digitizing consumer and purchasing processes and who sustainably support us. The funds shall serve to further expand our position in the core markets of Germany and Switzerland and to tap into additional markets. In addition, we will strengthen our team with additional talent. The market is only at the precipice of a large wave of digitization, which will change many things. We are happy to be a part of it with MUUME and actively participate in these changes.”

With its concept for designing digital consumer buying experiences, MUUME is an innovative platform for digital services for daily consumption and for purchasing and ordering processes on smartphones. The top priority is to offer consumers clearly defined added values. In doing so, MUUME implements custom solutions tailored to the respective dealer. In the previous funding round in June 2016 MUUME secured €2 million.