myTU Raises €10M in Oversubscribed Series A to Accelerate Growth

Digital banking platform myTU secures €10M in Series A funding, exceeding its original €9M target Investment led by existing shareholders increasing their stakes, alongside new strategic investors in payments and mobility Funds will support expansion into acquiring, lending, and preparations for a full banking license in Lithuania myTU expects to reach profitability in 2025 myTU, an AI-powered and cloud-first digital bank, has secured a €10 million Series A, surpassing its initial €9 million target in...

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