Parto has received 2.5 million euros in a pre-seed financing round. The Hamburg-based fintech startup has developed a payment solution for companies in the social economy that is specifically tailored to the needs of care facilities. It aims to greatly reduce the use of cash and includes corporate and fiduciary deposit accounts as well as payment cards.
Parto enables financial participation
The venture capital companies Heal Capital and Motive Ventures as well as the business angels Sebastian Johnston and Malte Rau have invested. Parto was founded, initially under the name Participayed, by Jes Hennig (CEO), Christoph Roling (CPO) and Thomas Heuck (CCO). Jes and Christoph have startup experience from Neobank Ruuky, while Thomas has worked in senior sales and marketing positions for over 20 years. With their all-in-one solution, they want to offer employees in care facilities bureaucratic relief and give people in care financial independence. The usual cash payment method does not allow the use of digital services or online shopping.
With its holistic approach, Parto promises to reduce process costs in care facilities such as retirement homes by up to 75%. Diakonie Nord Nord-Ost is the source of the idea and also the first customer with whom the startup is working. Volksbank acts as a partner for the business and trust accounts, while the payment cards come from Visa.
-
Public financing in Hamburg
As a founder in Hamburg, you can access an attractive range of advisory services and an excellently developed funding landscape. Various public funding programmes support your startup financially and with advice, depending on the development phase of your company.
-
Support programmes for startups
In addition to the IFB's public funding programmes, Hamburg offers founders an excellent infrastructure for further financial support. Numerous offers such as startup consulting, accelerator and incubator programmes enable startups to grow and drive innovative ideas forward.
