Ioannina-based FinTech scale-up Natech Banking Solutions, a banking technology platform, today announced the successful completion of its Series B capital increase, securing over €28.1 million in growth funding.
The round comprises €22.1 million in equity and €5.9 million in long-term, low-interest debt, furthering Natech’s ambition to be a key enabler of modern banking across Europe. The funds were committed ahead of the public launch of Snappi Bank; a joint venture between Natech and Piraeus Financial Holdings.
“This round is a strong vote of confidence in our team, our partners, and the vision we share with our customers,” said Thanasis Navrozoglou, CEO & Chairman at Natech. “Over the years, we’ve grown side-by-side with banks and FinTechs, often working through real-world challenges together. I’m deeply grateful for the trust placed in Natech, and excited to deliver unlimited opportunities for our clients, our people, and Europe’s next wave of digital innovation. After all, we are not just investing in great technology, but in the relationships and the future we’re building together.”
Founded in 2003, Natech Banking Solutions is empowering financial institutions to compete and grow alongside established competitors. With a modular, API-driven ecosystem, Natech enables institutions to rapidly launch financial products, modernise operations, and scale efficiently.
The company reports to maintain a 100% customer retention rate and is behind Snappi Bank, a digital-only bank driving innovation in Banking-as-a-Service (BaaS).
Natech powers multiple financial institutions across Europe, its end-to-end, cloud-native platform enables banks and FinTechs to deliver customer-centric financial products with speed and cost efficiency.
Dimitrios Navrozoglou, CFO & Vice Chairman, commented: “This funding round represents a defining moment for Natech and for me personally. The significance of this raise goes far beyond the capital itself, being a clear endorsement of our strategy and Natech’s long-term business plan. It empowers us to accelerate, strengthen our foundations, and invest in areas that will deliver sustainable value for years to come.
“I am incredibly proud of what we’ve achieved so far, and even more excited about what’s ahead for our company, our people, and our partners.”
This new funding enables Natech to:
- Expand and scale its go-to-market and delivery capabilities to meet surging demand.
- Accelerate R&D focused on AI, BaaS, and composable banking solutions.
- Strengthen its position in the fast-growing embedded finance market, projected to surpass €5.9 trillion globally by 2030.
- Deepen its presence across key European markets, including Germany, Italy, and Central Eastern Europe.
Mathias Schütz, Chief Revenue Officer & Deputy CEO, said, “This funding milestone demonstrates Natech’s clear, well-designed growth trajectory. Our upcoming Series C round is a natural next step in this plan, providing the capital needed to drive Natech’s international expansion and capture the full opportunity of Europe’s embedded finance revolution. We’re not just scaling Natech – we’re helping reshape the future of banking across Europe.”
In line with its roadmap, Natech is actively preparing for the next funding round to further fuel the company’s AI-enabled technology and to increase international market penetration. The upcoming Series C is expected to further accelerate the company’s BaaS initiatives and support its vision of powering the next generation of financial services.