Wamo

London and Helsinki-based SME financial platform Wamo has successfully raised a €10 million (approximately £8.7 million) Series A funding round. The investment was led by TCEE Fund IV (advised by 3TS Capital Partners), with additional participation from Oleka Capital and existing investors.

Summary of transaction details:

• Value: €10 million (~£8.7 million) Series A
• Sector: FinTech / SME Banking / Embedded Finance
• Advisor: Not disclosed (3TS Capital Partners acts as the fund manager for TCEE)
• Key Entities: Target: Wamo; Lead Investor: TCEE Fund IV / 3TS Capital Partners; Additional Investor: Oleka Capital; Key Founder: Yanki Onen (Founder)
• Location: London, UK & Helsinki, Finland (Targeting Italy & the Nordics)

Note: Wamo is rapidly scaling its unified financial interface for small businesses, combining multi-currency accounts, cards, invoicing, and expense management. The platform's adoption has tripled over the past 12 months, now serving over 15,000 SME customers across Europe. This Series A capital will accelerate Wamo's expansion across Italy and the Nordics and fuel the integration of AI-driven automation. Additionally, the funding supports Wamo's strategic push into embedded lending, targeting €100 million in lending volume over the next 12 months by utilizing real-time banking data for faster underwriting.