Belgium-based fintech start-up Unbox has secured a €12 million Series A funding round led by HSBC Asset Management.
The round also saw participation from SFPIM Relaunch, a subsidiary of the Belgian Sovereign Wealth Fund.
Founded in 2020 and headquartered in Antwerp, Unbox is a software company that allows firms to “efficiently distribute and track value, cashflows and funding”.
With the new funds, Unbox plans to further expand its software platform to better serve its target markets and provide technology solutions for flagship and industry–led projects. It adds that a “sizeable portion” of the funding will go towards talent recruitment and the further development of existing team members.
