# Memo Bank: Banking, Paris, France

> Memo Bank: Memo Bank is an independent French bank based in Paris, specializing in transactional banking for companies. Based in Paris, France. Founded 2017.

Source: https://millionrounds.com/startup/memo-bank (Millionrounds; every figure on the page links to its filing or article)

France · [Banking startup](https://millionrounds.com/companies)

# Memo Bank

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

Funding reported Last round: Series A

Banking Paris, France

Company summary

- **Founded:** 2017 9 years old
- **Team:** 90 51 to 200 people
- **Funding reported:** 39.7M as listed, currency not stated
- **Last round:** Series A Jun 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Memo Bank has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **39.7M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **14.3M**

Last round date **Jun 2021**

Investors listed **29**

## On a portfolio page

Investors who name them

- [Daphni](https://millionrounds.com/fund/daphni)

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 oversight instantaneous payment processing api transactions special accounts swift transfers real-time transaction processing financial governance scalable solutions payment automation banking api enterprises treasury management interest rate optimization fund transfer automation corporate finance

Built with from their website

Google Tag Manager Amazon CloudFront WordPress.org HREF Lang PWA Linkedin Insight Tag MailChimp Google Workspace CloudFlare Viewport Meta

+8 more

LinkedIn Ads Google Play dc.js IBM ILOG CPLEX Optimization Studio Hubspot Atlassian Confluence webpack AWS Analytics

- **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](https://millionrounds.com/directory/memo-bank)

## Banking in France

Startups like it

- [**Swan** Paris *Raised*](https://millionrounds.com/company/swan)
- [**Deblock** London · founded 2022 *Raised*](https://millionrounds.com/company/deblock)
- [**Mansa** Paris · founded 2019](https://millionrounds.com/startup/mansa-4)
- [**Shine France** Paris · founded 2017](https://millionrounds.com/startup/shine-france)
- [**Nickel** Paris · founded 2014](https://millionrounds.com/startup/nickel-2)
- [**Jubilé** Paris · founded 2022](https://millionrounds.com/startup/jubil)
- [**Yeeld** Paris · founded 2017](https://millionrounds.com/startup/yeeld)
- [**HeoH** Paris · founded 2012](https://millionrounds.com/startup/heoh)

## Is this your company?

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