Fintech Chift Raises €2.3 Million in Seed Funding

Belgian Fintech Chift has raised €2.3 million in seed funding, according to a statement from the company.

The funding round was led by Entourage, an early-stage fund specializing in B2B SaaS and founded by Pieterjan Bouten – founder and former CEO of Showpad.

Other investors include Shapers, a Fintech-focused fund based in Lisbon and managed by ex-Hedosophia investor Philippe Teixeira da Mota, who has served on the boards of successful startups like Qonto, Lydia, and N26. They are joined by early investor Seeder Fund, which increased its participation on the back of Chift’s recent growth, and business angels who are fintech industry leaders from Belgium, France, The Netherlands and Spain.

Chift is a company that aims to save SaaS firms time, money, and resources by helping them manage the complexity of business software integrations through unified APIs.

Henry Hertoghe, CTO of Chift, explains their servce enables users to connect financial toosl with a “single click.”

The funding round is expected to help the company broaden services and build on its growth in the European financial SaaS sector.

Chift was founded in 2022 by Gauthier Henroz, Henry Hertoghe, and Matthieu Hertoghe. The company reports that it quickly onboarded customers in multiple countries. Fintech companies like Pennylane, Agicap, Pleo, Mollie, and Qonto are customers.

Henroz, CEO of Chift, commented:

“We received a lot of interest for our fundraising, allowing us to choose the best investors in terms of personal fit, expertise, and network. The new investors had the best arguments: Entourage for its network and “founder-led” DNA and Shapers for its incredible Fintech expertise. Our business angels are also extremely well-connected in the sector and throughout Europe. We are thrilled to have them on board!”

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