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AI-powered financial advisor Finanzguru guides in €13 million via PayPal Ventures and others

The Open banking enabled, AI-powered financial advisor, aims to expand both the product lineup and footprint in its home market of Germany.
Having reached profitability in 2022, Frankfurt am Main-based Finanzguru has raised €13 million in a new financing round that will see the company continue to drive profitable growth in tandem with further product development and geographic reach.