← Embedded Finance Index 2026

Banxware

Also a provider — view Banxware’s profile →

“Can Banxware reposition from a balance-sheet SME lender into the orchestration layer matching platform-embedded SMEs with the right lender at scale?”

Founded2020
HQBerlin, Germany
FoundersJens Roehrborn, Miriam Wohlfarth, Fabian Heiß
Latest round€10M strategic investment from UniCredit (June 2025)
IndustryInfrastructure / Lending
The story

Banxware launched in 2020 as a Berlin-based embedded lending provider offering SME loans through marketplaces and PSPs. Following the 2025 UniCredit investment, the company is pivoting from a structured-finance lender into a capital-light orchestration layer — matching SMEs inside digital platforms with multiple third-party lenders rather than originating on its own balance sheet. The 2025 departure of co-founder Fabian Heiß coincides with this strategic shift toward AI-underwriting and forward-flow funding.

Last 12 months
2025-06
2025-12
Product timeline
2020
Banxware founded in Berlin by Jens Roehrborn, Miriam Wohlfarth, and Fabian Heiß to deliver embedded SME lending via marketplaces and PSPs.· pivot
2021
Raised €4M seed round led by Force Over Mass to scale embedded lending to SMEs in Germany.· banking
2025
Secured €10M from UniCredit; began shift from balance-sheet/structured finance to a capital-light forward-flow orchestration model.· pivot
2025
Co-founder and COO Fabian Heiß announced departure at end of December 2025.· pivot
In the press
embeddedfinancereview.com ↗
Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2026-07-08
Otto Market Sellers Get Financing up to €5m Through Banxware
Otto and Banxware bring seller financing up to €5m to Otto Market. How the deal works and why Otto builds payments but buys lending.
banxware
Source · Embedded Finance Review ↗
◇ article2026-02-03
Amazon Germany partners with HypoVereinsbank and Banxware for embedded lending with credit lines up to €5 million
Amazon Germany adds HypoVereinsbank and Banxware to its lending programme. Credit lines up to €5m, decisions in three days, fully embedded in Seller Central.
banxwarehypovereinsbank
Source · Embedded Finance Review ↗
◇ article2025-07-02
German Pharmacy Marketplace Onfy Launches Embedded Lending with Banxware Partnership
German pharmacy marketplace Onfy launches embedded lending with Banxware. How niche marketplaces follow Shopify, Amazon into embedded finance.
banxware
Source · Embedded Finance Review ↗
◇ article2025-06-05
Banxware Transitions to Forward Flow Model with €10M UniCredit Investment
German embedded lending provider Banxware secures €10M from UniCredit and shifts to forward flow model. Why this strategic pivot changes risk management in marketplace financing.
banxware
Source · Embedded Finance Review ↗
◇ article2024-12-08
UniCredit enables embedded lending provider Banxware to increase lending scope
UniCredit empowers embedded lending provider Banxware to offer EUR 5M loans to marketplaces like Lieferando. How bank-fintech partnerships reshape European embedded finance.
banxwareincrease
Source · Embedded Finance Review ↗
◇ article2023-12-01
Lexoffice embeds bank account | Embedded Lending provider Banxware raises Series A
Airline company SAS launches embedded insurance product, Apple reportedly breaks up with Goldman, Tesla struggles with insurance product and many BaaS news in Europe and the US.
banxware
Source · Embedded Finance Review ↗
◇ article2023-11-30
Embedded Lending provider Banxware raises Series A
Banxware, Germany’s first embedded lending provider, raises €15M Series A from UniCredit and Fabrick to expand digital SME financing solutions.
banxware
Source · Embedded Finance Review ↗
Same company
Banxware was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
Banxware Transitions3 layers →Banxware Partnership2 layers →
The stack
1 layer disclosed in Banxware’s embedded-finance stack
Lending
Banxware (in-house)Banxware Sofortfinanzierung (up to €250,000 SME loan, payout within 24 hours)HVB FlexFinanzierung powered by Banxware (€250,000–€5,000,000 credit line, in partnership with UniCredit's HypoVereinsbank)Banxware Orchestration Layer for SME Financing (matches platform-embedded SMEs to multiple lenders)Banxware Direct (D2C origination channel)
Accounting gap: none