Embedded Finance in Europe Undergoes a $33M Boost, with Natech Stepping Up to Take the Reigns
Natech, a prominent Greek banking technology provider, has successfully raised approximately €33 million ($33 million) in its latest funding round. The funding, comprising €26 million in equity and €7 million in long-term debt, will play a crucial role in driving the company's growth in the burgeoning embedded finance market and beyond.
Mathias Schütz, Chief Revenue Officer and Deputy CEO of Natech, sees this funding milestone as a natural next step in the company's growth trajectory. He believes that the capital will facilitate international expansion and enable Natech to capitalise on the full potential of Europe's embedded finance revolution.
The funding round has been hailed as a defining moment for Natech by Dimitrios Navrozoglou, CFO and Vice Chairman. He views it as a clear endorsement of the company's strategy and long-term business plan.
Natech's primary focus is on strengthening its position in the embedded finance sector, which is projected to surpass $7 trillion globally by 2030. The funds will be utilised to accelerate research and development in AI-driven banking solutions, Banking-as-a-Service (BaaS), and modular core banking technology to improve the platform's capabilities and support rapid product deployment.
A portion of the funding will be allocated to scaling go-to-market operations and improving responsiveness to client needs across multiple geographies. Natech plans to deepen its presence across key European markets, including Germany, Italy, and Central Eastern Europe. The company also aims to make its entrance into the U.S. market.
The funding will also support upcoming launches, including a new Greek digital bank and other client deployments. Notably, Snappi, a joint venture between Natech and Piraeus Financial Holdings, is set to be launched ahead of this funding round.
Natech's leadership has indicated that the company is gearing up for its next funding round, Series C, to further boost its AI-driven technology and fuel additional international expansion. While specific details about the timeline, targeted amount, or lead investors for future rounds have not been publicly disclosed, the company's growth trajectory suggests continued fundraising activity to support its aggressive market entry and technology development plans.
From its flagship, front-to-back core banking system to the most widely used AML tool in Greece, Natech's solutions help clients modernise, scale, and stay ahead of evolving regulatory and customer expectations. The latest funding round strengthens its ability to deliver modular, cloud-based banking services tailored to Europe's fast-evolving fintech ecosystem.
Natech is backed by a group of strategic investors across the banking and fintech ecosystem. This round of funding is a strong vote of confidence in Natech's team, partners, and vision, according to CEO and Chairman Thanasis Navrozoglou. The funding demonstrates strong market confidence in Natech's business model, team, and ambitious roadmap.
Natech's newly raised funds will be utilized for accelerating research and development in finance-related technologies such as AI-driven banking solutions, Banking-as-a-Service (BaaS), and modular core banking technology. With this funding, Natech plans to expand into key European markets, including Germany, Italy, and Central Eastern Europe, as well as making its entrance into the U.S. market.
The latest funding round has attracted attention from ffnews.com, highlighting the significance of this event in the finance and investing landscape. This successful funding round is a clear endorsement of Natech's long-term business plan and strategic approach, as indicated by Dimitrios Navrozoglou, CFO and Vice Chairman.
