France · Banking startup

Memo Bank

Memo Bank is an independent French bank based in Paris, specializing in transactional banking for companies.

Funding reportedLast round: Series A

BankingParis, France

About Memo Bank

Memo Bank is an independent French bank based in Paris, specializing in transactional banking for companies.

It focuses on businesses that require high-volume payment processing and flow automation. As a credit institution authorized by the European Central Bank and regulated by the ACPR, Memo Bank aims to streamline financial operations for its clients. The bank offers a range of services, including B2B current accounts, credit services, deposit services, and payment solutions. Memo Bank emphasizes its payment services and automation tools, designed to help businesses reduce administrative tasks and enhance banking workflows. Additionally, it has partnered with Enfuce to provide a card issuing service and an integrated expense platform. Targeting SMEs and transaction-intensive businesses, Memo Bank positions itself as a financial partner dedicated to supporting companies in scaling their payment processes and improving efficiency.

What company datasets say Memo Bank raised

Funding, as reported

Reported in all39.7Min the source's currency
Rounds3
Last roundSeries A
Last round size14.3M
Last round dateJun 2021
Investors listed29

On a portfolio page

Investors who name them

Each firm lists Memo Bank on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

regulatory oversightinstantaneous payment processingapitransactionsspecial accountsswift transfersreal-time transaction processingfinancial governancescalable solutionspayment automationbanking apienterprisestreasury managementinterest rate optimizationfund transfer automationcorporate finance

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Sector
Banking
Industry code
NAICS 522110, SIC 6021
Region
Ile-de-France
Revenue
10M a year, as listed
Full record
Every detail in the company directory

Banking in France

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