Italian fintech Muffin closes a 3.2 million round

Italian fintech Muffin closes a 3.2 million round
Italian fintech Muffin closes a 3.2 million round

Now the startup aims to implement the platform with new services for subsidized financing and the application of integrated AI tools

There fintech startup Muffinbased in Turin dedicated to subsidized finance with AI solutions integrated into its platform, has announced the closure of a €3.2 million pre-seed round. Among the members there are Victor Massiah, Francesco Guarneri, Alessandro Messina, Guido Frisiani, Giancarlo Pozzoli, Leonardo Quattrucci and Simone Severini.

Read also: What Speak does, the company that closed a 20 million round

What Muffin does

Born in 2022 from an idea of Michele Bonelli, Lorenzo Maternini, Feat. Venturesventure builder of Fabio SferruzziAnd Matteo Gallo, Muffin simplifies and optimizes the process of accessing tax incentives through the use of artificial intelligence and provides solutions for market players seeking subsidized financial support. «Muffin wants to become the main point of reference in a market that is worth, only in Italy, over 100 billion euros every seven years… Our goal is to create an ecosystem in which technology and expertise come together to offer innovative and high-impact solutions,” declared Michele Bonelli, CEO and co-founder of Muffin.

Muffin’s next steps

Muffin provides a significant growth in 2024, aiming for a turnover of over 1.2 million euros. The startup, on the market since June 2023, will focus on the continuous development of its platform in the next few months of this year, with the aim of consolidating its position as an essential tool in the professional world, both for companies and consultants. The team, made up of 30 people, also has a network of over 200 consultants. «We are integrating useful services to simplify the management of corporate investment projects, including ad hoc financing, insurance policies and a network of qualified providers. Our vision is to make this process more accessible, efficient and transparent, allowing businesses to focus on growth and innovation”, concludes the CEO.

 
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