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Bankmonitor Raises $6.0M in Series B Round

Recently funded · $6.0M Series bFinancial ServicesHUView source

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A fresh $6.0M Series b round is set to fuel Bankmonitor's expansion as the Hungarian financial comparison platform continues its work to simplify complex banking decisions for consumers. The capital infusion will support its mission to provide comprehensive market knowledge, positioning itself as an alternative to single-bank advice.

Launched in 2012, Bankmonitor offers extensive databases and comparison calculators, helping users navigate hundreds of fees and conditions across various financial products, from bank accounts to home loans. The company claims to be the largest Hungarian banking intermediary based on 2022 net revenues.

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