Porters Raises €2.7M Pre-Seed Funding For Banking Back-Office Software

Angel investors include Martin Kassing (Upvest), Alexandre Prot (Qonto), Lukas Zörner (Penta and Integral), and Adrien Treccani (Metaco). Additional participants such as Casper Wahler (Hedosophia) and Jonathan Brander (Upvest, FNZ, Schröders) bring extensive experience in scaling financial services operations.

Founded by Konstantin Kotulla, Christopher Barth, and Dr. Michael John, Porters develops software designed to help banking teams manage regulated, time-sensitive workflows more efficiently.

By combining advanced automation with a vertical service approach, the platform aims to reduce manual oversight and improve operational productivity without increasing headcount.

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The platform initially focuses on account seizure and insolvency management areas where banks face high case volumes and strict compliance demands. By automating routine processes, Porters helps teams handle cases more efficiently while maintaining regulatory standards, enabling staff to focus on complex exceptions.

Commenting on the funding round, Porters co-founder Konstantin Kotulla noted that many banking operations still rely heavily on manual processes, despite years of digitalisation efforts.

We are solving this by building an AI native service that doesn't just automate tasks but truly allows scaling without adding headcount. All while maintaining the resilience and compliance that financial institutions require. This funding accelerates our mission to redefine financial service operations for the AI era.

The funding will support further product development and help scale the platform to expand into additional back-office services for banks and fintech companies.

Porters develops a banking operations platform that manages complex back-office processes end-to-end. It helps banks and fintechs scale operations without increasing headcount, improving speed, compliance, and customer experience. The platform focuses on automating regulated workflows, enabling financial institutions to handle high-volume processes more efficiently and reliably.