Former Revolut execs raise $3.5m for new FinTech

LiveFlow, the new FinTech designed to automate finances and consolidates accounts in real time, has raised $3.5 million in a seed round led by Moonfire ventures.

The start-up was established by former Revolut executives Lasse Kalkar, who is the chief executive of the new company, and Anita Koimur, who is the chief operating officer.

Other investors included Y Combinator, Seedcamp, and WndrCo, as well as Victor Jacobsson, co-founder of Klarna; Bradley Horowitz, former vice president of product at Google; Oliver Jung, former vice president of international expansion at Airbnb; Phillip Chambers, Peakon founder & chief executive; Conor Walsh, head of global product at Square; Don Hoang, vice president of global business at Revolut; and Snir Kodesh, head of engineering at Retool.

“Accurate financial reporting is paramount to a business’s longevity and success,” said Mattias Ljungman, founder and managing partner at Moonfire Ventures. “LiveFlow provides a critical service by automating and streamlining the reporting process, giving businesses the visibility and real-time information they need to better manage their business.”

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