Ioannina-based fintech powerhouse Natech Banking Solutions has announced a significant milestone in its growth journey, securing €28.1 million in a Series B funding round. This capital injection, comprising €22.1 million in equity and €5.9 million in low-interest debt, positions Natech as a leading player in Europe’s rapidly evolving fintech landscape. The funding will fuel the company’s ambitious plans for EU expansion, artificial intelligence (AI) innovation, and the launch of Snappi Bank, a digital banking venture in partnership with Piraeus Financial Holdings. With a focus on embedded finance and cloud-native banking solutions, Natech is set to redefine how financial institutions deliver customer-centric services across Europe.

The €28.1 million Series B funding round marks a pivotal moment for Natech, reinforcing its mission to empower banks and fintechs with cutting-edge technology. The capital will support the company’s strategic roadmap, which includes scaling its go-to-market capabilities, accelerating research and development (R&D) in AI and Banking-as-a-Service (BaaS), and deepening its presence in key European markets such as Germany, Italy, and Central Eastern Europe. This funding underscores strong investor confidence in Natech’s business model, team, and vision for transforming digital banking.

Thanasis Navrozoglou, CEO and Chairman of Natech, expressed gratitude for the trust placed in the company, stating, “This round is a strong vote of confidence in our team, our partners, and the vision we share with our customers. 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.”

The €28.1 million funding round consists of €22.1 million in equity from strategic investors across the banking and fintech ecosystem and €5.9 million in long-term, low-interest debt. This financial structure provides Natech with the flexibility to invest in high-impact areas while maintaining fiscal discipline. The funds were committed ahead of the public launch of Snappi Bank, a fully licensed digital bank backed by the European Central Bank (ECB), signaling investor optimism about Natech’s ability to lead Europe’s embedded finance revolution.

Dimitrios Navrozoglou, CFO and Vice Chairman, highlighted the significance of the raise, saying, “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.”

Natech Banking Solutions has established itself as a trusted partner for financial institutions across Europe, offering an end-to-end, cloud-native platform that enables banks and fintechs to deliver modern, customer-centric financial products. With a 100% client retention rate, Natech’s modular technology and client-focused approach have made it a preferred choice for institutions seeking to modernize their operations and stay ahead of regulatory and customer expectations.

The company’s flagship offerings include a front-to-back core banking system, anti-money laundering (AML) tools, know-your-customer (KYC) solutions, and payment processing systems. These solutions are designed to simplify complex banking processes, reduce costs, and enhance customer experiences. By leveraging API-driven integrations and a configurable product engine, Natech enables financial institutions to scale rapidly and adapt to evolving market demands.

Embedded finance, projected to surpass $7 trillion globally by 2030, is a key focus area for Natech. The company’s platform allows banks and fintechs to integrate financial services seamlessly into non-financial ecosystems, such as e-commerce platforms and logistics providers. This capability enables businesses to offer innovative financial products, such as Buy Now, Pay Later (BNPL) and embedded lending, directly within their customer journeys.

Mathias Schütz, Chief Revenue Officer and Deputy CEO, emphasized the company’s growth trajectory, stating, “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.”

A significant portion of the Series B funding will support the launch of Snappi Bank, a digital-only bank developed in partnership with Piraeus Financial Holdings. Licensed by the ECB in June 2024, Snappi Bank aims to deliver a mobile-first, user-centric banking experience tailored to younger generations and businesses seeking innovative financial solutions. The bank will offer Banking-as-a-Service (BaaS) products, enabling partners to embed financial services into their platforms with ease.

Snappi Bank represents a bold step in Natech’s mission to democratize access to advanced banking technology. By combining Natech’s technical expertise with Piraeus Bank’s focus on client acquisition and branding, Snappi is poised to challenge traditional banking models and capture a significant share of Europe’s digital banking market.

Natech is doubling down on AI and BaaS to stay at the forefront of fintech innovation. The company’s R&D efforts are focused on developing AI-powered banking solutions that enhance customer experiences, improve operational efficiency, and strengthen fraud prevention. By integrating AI with its cloud-native platform, Natech enables financial institutions to deliver personalized services, streamline compliance processes, and reduce costs.

Banking-as-a-Service (BaaS) is another cornerstone of Natech’s strategy. The company’s BaaS-ready platform allows financial institutions to offer modular, scalable financial products that can be seamlessly integrated into third-party ecosystems. This approach not only drives revenue growth for Natech’s clients but also positions the company as a leader in the fast-growing BaaS market.

With the new funding, Natech plans to deepen its presence in key European markets, including Germany, Italy, and Central Eastern Europe. These regions represent significant opportunities for fintech growth, driven by increasing demand for digital banking solutions and regulatory support for open banking and embedded finance. Natech’s ability to deliver tailored, cost-effective solutions positions it well to capture market share in these competitive markets.

The company’s expansion strategy includes hiring experienced professionals from global fintech leaders, enhancing its product offerings, and forging strategic partnerships. By combining local market expertise with its scalable technology platform, Natech aims to support financial institutions of all sizes, from small cooperative banks to large neobanks.

Natech’s Series B funding builds on the success of its €10.6 million Series A round in March 2023, which was led by investors such as George Moundreas, Orasis Fund, and Codrus Capital. The earlier funding enabled Natech to enhance its platform, expand its team, and lay the groundwork for Snappi Bank. The company’s consistent ability to attract strategic investors underscores its strong market position and growth potential.

Natech’s leadership team plays a critical role in its success. CEO Thanasis Navrozoglou brings a vision of innovation and collaboration, fostering strong partnerships with clients and investors. CFO Dimitrios Navrozoglou has been instrumental in shaping the company’s financial strategy, ensuring sustainable growth and investor confidence. Chief Revenue Officer Mathias Schütz, with over two decades of fintech experience, drives Natech’s international expansion efforts, while Chief Product Officer George Rogkakos leads the development of customer-centric solutions.

Since joining Natech in January 2025, Chief People & Culture Officer Christina has focused on building a high-performing, collaborative team to support the company’s growth ambitions. Chief Technology Officer George Nikolaropoulos, who joined in March 2025, brings deep expertise in banking technology, ensuring Natech’s platform remains cutting-edge and future-ready.

Natech’s 100% client retention rate is a testament to its client-centric culture and ability to deliver measurable value. The company’s solutions, including its core banking system and AML tools, are designed to address the unique needs of small and mid-sized financial institutions. By offering both on-premises and SaaS-based subscription models, Natech provides flexibility and scalability, ensuring its solutions remain accessible to a wide range of clients.

Bernd Wendeln, Chief Commercial Officer, emphasized the company’s approach, stating, “At Natech, we recognize the need of small and mid-size banks for products tailored to their distinct workflows. Through our specially designed suite of solutions, we support them to carve out their place in the market.”

Natech is already preparing for its Series C funding round, which will further accelerate its AI-enabled technology and international market penetration. The company’s long-term vision is to lead Europe’s embedded finance revolution, empowering financial institutions to deliver innovative, customer-centric services at scale. With a proven track record, a strong leadership team, and a clear growth strategy, Natech is well-positioned to shape the future of digital banking in Europe and beyond.

As the fintech industry continues to evolve, Natech’s commitment to innovation, collaboration, and customer success sets it apart as a leader in the space. With €28.1 million in new funding and a bold vision for the future, Natech Banking Solutions is poised to redefine the possibilities of modern banking.