Greek Fintech Natech Raises €28.1 Million To Boost Banking Technology
Jul 1, 2025 | By Kailee Rainse

Ioannina-based fintech company Natech Banking Solutions has successfully closed its Series B funding round, raising over €28.1 million to support its growth.
SUMMARY
- Ioannina-based fintech company Natech Banking Solutions has successfully closed its Series B funding round, raising over €28.1 million to support its growth.
The funding includes €22.1 million in equity and €5.9 million in long-term, low-interest loans. This investment will help Natech expand its role in modern banking across Europe. The funding comes just before the official launch of Snappi Bank, a joint venture between Natech and Piraeus Financial Holdings.
“This round is a strong vote of confidence in our team, our partners, and the vision we share with our customers,” said Thanasis Navrozoglou, CEO & Chairman at Natech. “Over the years, we’ve grown side-by-side with banks and FinTechs, often working through real-world challenges together. I’m deeply grateful for the trust placed in Natech, and excited to deliver unlimited opportunities for our clients, our people, and Europe’s next wave of digital innovation. After all, we are not just investing in great technology, but in the relationships and the future we’re building together.”
Founded in 2003, Natech Banking Solutions helps financial institutions grow and stay competitive. Its flexible, API-based platform allows banks to quickly launch new products, modernize their systems, and scale easily.
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Natech claims a 100% customer retention rate and is also the tech behind Snappi Bank, a digital-only bank focused on Banking-as-a-Service (BaaS). Today, several banks and fintech companies across Europe use Natech’s cloud-based platform to deliver fast, customer-friendly financial services at lower costs.
Dimitrios Navrozoglou, CFO & Vice Chairman, commented: “This funding round represents a defining moment for Natech and for me personally. The significance of this raise goes far beyond the capital itself, being a clear endorsement of our strategy and Natech’s long-term business plan. It empowers us to accelerate, strengthen our foundations, and invest in areas that will deliver sustainable value for years to come.
“I am incredibly proud of what we’ve achieved so far, and even more excited about what’s ahead for our company, our people, and our partners.”
With this new funding, Natech plans to grow its sales and delivery teams to meet rising demand, speed up research and development in areas like AI, Banking-as-a-Service (BaaS), and flexible banking solutions, and strengthen its role in the rapidly expanding embedded finance market, expected to exceed €5.9 trillion by 2030. The company also aims to expand further across key European regions, including Germany, Italy, and Central and Eastern Europe.
Mathias Schütz, Chief Revenue Officer & Deputy CEO, said, “This funding milestone demonstrates Natech’s clear, well-designed growth trajectory. Our upcoming Series C round is a natural next step in this plan, providing the capital needed to drive Natech’s international expansion and capture the full opportunity of Europe’s embedded finance revolution. We’re not just scaling Natech – we’re helping reshape the future of banking across Europe.”
As part of its growth plan, Natech is gearing up for its next funding round to boost its AI-driven technology and expand into more international markets. The upcoming Series C round will help speed up its Banking-as-a-Service (BaaS) efforts and support its goal of shaping the future of financial services.
About Natech Banking Solutions
Founded in 2003, Natech Banking Solutions makes banking technology more accessible, helping financial institutions focus on great customer service. Its cloud-based, modular platform offers everything from core banking to digital tools, allowing banks to launch personalized products quickly and cost-effectively.
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