Cake
Financials
Estimates*
EUR | 2020 |
---|---|
EBITDA | (3.5m) |
Profit | (3.6m) |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €4.5m | Angel | |
N/A | €1.5m Valuation: €17.5m | Angel | |
* | €4.6m | Seed | |
* | N/A | Acquisition | |
Total Funding | $11.7m |
Recent News about Cake
EditCake.app operates in the financial technology sector, offering a unique banking app that emphasizes transparency and user collaboration. The company serves individual consumers and businesses, providing a platform where users can share ideas, vote on features, and discuss improvements. Cake.app's business model revolves around creating a community-driven banking experience, where the development process is openly shared with its users. This approach not only fosters trust but also ensures that the app evolves based on real user needs and feedback. Revenue is generated through premium features and business partnerships. The market for Cake.app includes tech-savvy individuals and businesses looking for a more transparent and participatory banking solution.
Keywords: fintech, banking app, transparency, user collaboration, open roadmap, community-driven, financial technology, premium features, business partnerships, tech-savvy.