finmid
Finmid provides embedded finance infrastructure for software platforms, enabling them to offer lending and other financial products to their business customers. The Berlin-based company has raised $39M in Series A funding and employs 60 people.
The growth story
finmid grew from 23 to 60 employees between 2022 and 2026, raising $39M along the way, most recently a Series A in April 2024.
About
Finmid builds APIs that let SaaS and other software platforms integrate financial services like loans into their products. Its customers use these tools to retain business clients and generate revenue from financial products.
The company was founded in 2021 and reached Series A in April 2024. With 60 employees, it shows the typical scaling pattern of a fintech infrastructure play after its first major funding round.
Founders and leadership
Operations is the largest department with 13 staff. The company has a relatively flat structure with a median tenure of 2 years, suggesting rapid team expansion around its Series A.
The finmid org chart
Max Schertel (Co-Founder) leads 26 mapped leaders with 7 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 13 (+18% YoY), Operations 12 (+33% YoY), Business Development 7 (0% YoY), Finance 7 (-22% YoY), Product Management 3 (-25% YoY), Entrepreneurship 3 (0% YoY).
Talent flow
Finmid draws heavily from digital banking, with 7 hires from N26. Alumni frequently move to other fintechs like Pliant and Bluefin, with 2 joining each. The team includes graduates from Mannheim University and Stockholm School of Economics in Riga.
Most common previous employers of finmid staff: N26 (7), Zalando (2), Strategy& (2), Vivy (2), Swedbank (2), Latvijas Banka (2). Former finmid employees most often moved to Bluefin (2), Pliant (2), FEMOFI (1), Ecommpay (1), kanchi (1), LIFTED (1).
Alumni worth knowing
The finmid mafia
Four alumni have founded companies, including Neovarsity (5 employees) and Dolfin AI (4 employees). The most replicated founder started kanchi, a fintech infrastructure firm.
4Abhijeet Pawar, was Founding Engineer until 2022Christian H., was Capital Sales Lead until 2025Toto Parasca, was Strategy & Operations Manager until 2022Garry Ben Lazovskis, was Strategy until 2024Web traffic
Traffic mix: 0% direct, 0% search, 0% social, 0% paid.
What this company is made of
Most common skills at finmid: Microsoft Excel (16), SQL (15), Microsoft Office (15), Strategy (14), Project Management (14), Sales (13), Business Strategy (13), English (12).
Where the team actually sits
finmid people are concentrated in Berlin, Germany (18), Germany (4), Riga, Latvia (4), Bavaria, Germany (3).
Search footprint
finmid attracts about 14 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 17 ranking keywords and lost 12 in the last period.
What employees say
- Compensation
- 3.90 / 5
- Career opportunities
- 4.00 / 5
- Senior management
- 3.10 / 5
- Work-life balance
- 2.60 / 5
Frequently asked
finmid has 60 employees as of September 2026.
finmid has raised $39M in total, most recently a Series A round in April 2024.
finmid was founded in 2021 by Max Schertel, Alexander Talkanitsa.
Max Schertel (Co-Founder) sits at the top of finmid's reporting structure, with 7 direct reports.
The most common previous employers of current finmid staff are N26 (7 people), Zalando (2 people), Strategy& (2 people).
Former finmid employees most often move to Bluefin (2), Pliant (2), FEMOFI (1).
At least 4 companies have a founder who previously worked at finmid, including Neovarsity, Dolfin AI, 1Layer.
finmid attracts about 14 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among finmid staff are Microsoft Excel, SQL, Microsoft Office, Strategy, Project Management.
finmid staff are concentrated in Berlin, Germany (18), Germany (4), Riga, Latvia (4).
finmid has about 13 people in Engineering, up 18% over the past year, as of September 2026.
finmid has about 12 people in Operations, up 33% over the past year, as of September 2026.
Computed from 49 current and 100 former finmid profiles, as of September 2026. Source: Crustdata.
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