Fintech Fagura raises EUR 1 mln to boost financial ecosystem for freelancers and entrepreneurs in CEE

Fagura, a fintech platform originating from the Republic of Moldova, announced a new EUR 1 million funding round secured through convertible notes. The funds will support the expansion of operations in Central and Eastern Europe (CEE) and enable the development of innovative digital services aimed at helping freelancers and small entrepreneurs through a financial ecosystem that provides instant access to capital and tailored tools for business growth, the company said.

The funding round was backed by two investment funds – uVentures and Mozaic Ventures – along with a group of angel investors, including Liviu Munteanu, Partner at Founders Bridge, a VC Fund active on the Romanian market, and Radu Cheltuială, founder of iTicket, a leading platform for ticketing and event management, among others.