FinTechFunding

Mundimoto: Raises €20M in Funding

Mundimoto Raises €20M in Funding

  • Mundimoto, a Spanish online platform to buy and sells motorcycles, raised €20m in funding
  • The round was led by P101 SGR via Programma 102 and ITALIA 500, with participation from Autotech Ventures e Maniv Mobility
  • The company intends to use the funds to continue to grow and expand at an international level, starting with the opening in Italy in the next months
  • The company aims to hire 50 engineers and 250 new employees
  • The company provides a marketplace which enables users to buy and sell motorcycles via its web site Mundimot o.com
  • In addition, the company offers sales support services such as online valuation, safe and direct payment, pickup and transfer of ownership
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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