Etvas raises $1 million

Hamburg-based Etvas , a digital B2B2C marketplace for add-on services to customers of banks and insurance companies, secured $1 million in a Seed round led by High-Tech Gründerfonds, with Sparkasse Bremen, and Plug and Play as participants.

Founded in 2019, Etvas is offered as a white-label solution that can be integrated within a “few days” into apps and websites of banks and insurers. Business Partners select services from various providers in the Etvas marketplace to meet the needs of their customers. Using AI technology, additional services are automatically presented to the end customer according to their life situation. Depending on their needs, these can be booked at fixed monthly or annual fees.

“The Etvas platform connects all value-added service providers with banking and insurance customers. The first service ecosystem launched by Etvas revolved around security, as these tailored services meet consumers’ growing need for offline and online security. Now Etvas will establish one service ecosystem after another on the platform. Only the best services will make it to the marketplace. Ecosystems around travel, online shopping and much more are planned.”