Mootwin, editor of a platform for the creation of mobile applications in SaaS mode or under license, has completed its second round of fundraising to support its development projects in France and abroad.
Naxicap Partners and Seventure joined existing investors Rhône-Alpes Création, Expansinvest, Crédit Agricole Développement, Héléa Financière and Teamgroup Investment, in the latest round of fundraising.
“This second round of fundraising with solid financial partners will be used to support and step up growth in France and abroad,” says Claude Lemardeley, CEO and Co-Founder of Mootwin.
“We have decided to invest in Mootwin because it developed a specific technology and has already won key clients in this growth market”, says Antoine Le Masson of Naxicap Partners.
Bruno RIVET of Seventure Partners says: “Considering the explosion in the number of mobile banking transactions and the enthusiasm for mobile technology in general, we believe in the success of Mootwin in these growth sectors.”
Created in 2008 in Grenoble, the company focuses on the Bank/Finance sector and provides its mobile application platform: Mootwin Foundation. Based on the company’s patented technology, the platform handles real time secure applications, which can be easily integrated into a company’s information system. Optimum mobile services are provided regardless of the network’s situation.
Mootwin also offers a software suite of functional modules for financial institutions. As a result of the original architecture of the applications, data and battery consumption is reduced as well as maintenance and subsequent development costs, time to market is faster and the return on investment is faster than with other mobile solutions.
