Swiss Fintech AMNIS Raises CHF 8.6 Million in Series A

AMNIS Treasury Services, a Zurich-based fintech, announced the closing of a Series-A investment round of CHF 8.6 million. The funding round, led by Lansdowne Partners, will enable further market expansion and product development.

AMNIS provides SMEs with an international banking solution to transfer money abroad, exchange currencies and collect payments on a single platform. During the last 12 months, the company entered 5 new countries, opened 3 additional offices in Vaduz, Vienna and Prague and tripled the size of its team. 

The new investment funding allows AMNIS to strengthen the company's main assets and to further expand into new markets across Europe. 

AMNIS was founded in 2014 by Michael Wüst (CEO), Robert Bloch (COO) and Philippe Christen (CFO) to facilitate international business for SMEs, a sector with huge potential that they believe is underserved by traditional banks. 

Michael said: "We are delighted that our existing investors as well as a globally renowned investment manager contributed to the success of this financing round. The investment enables us to boost international growth further and to bring our global transaction banking solution to even more SMEs across Europe. We have already rolled out business activities in 6 countries. This funding round gives us the confidence that we can replicate our business model in other markets as well."

With the new funding, AMNIS will start business in France, Slovakia, and the Benelux market by the end of 2022 and will provide more services to SMEs, including invoicing, debit cards and E-commerce solutions.