Chift secures €10.5M to build Europe’s financial connectivity layer
A Brussels-based startup has raised €10.5 million in Series A funding. Chift offers a financial connectivity layer for European software vendors, allowing their products to integrate with banking and payment systems. The company positions itself as a unifying infrastructure for fintech and business software across the region.
Sources: eu-startups.com
“This funding round highlights growing demand for middleware that simplifies financial integrations—a gap European startups are increasingly filling as open banking matures.”
What it means
Chift’s focus on Europe’s fragmented financial ecosystem could give it an edge over global players targeting the same space. Success will depend on adoption by both software vendors and financial institutions, which have historically moved slowly on standardization. If the model scales, it may pressure larger platforms to either partner or build similar solutions in-house.
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