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Korber

“Can a diversified German industrial technology conglomerate integrate modern financial operations infrastructure to manage complex multi-division, multi-currency cash flows efficiently?”

Founded1946
HQHamburg, Germany
FoundersKurt A. Körber
Total raised$635M (debt)
Latest roundDebt, amount $635M
IndustryVertical SaaS / Supply Chain & Industrial Technology
The story

Founded in 1946 as a tobacco machinery maker, Körber expanded across multiple industrial verticals over decades, building out divisions in tissue, pharma, and supply chain automation. The company has evolved from a single-product manufacturer into a diversified international technology holding group. Its most active embedded finance dimension is operational treasury/payments infrastructure supporting inter-divisional financial flows at scale.

Last 12 months
—
Product timeline
1946
Founded by Kurt A. Körber in Hamburg; initial focus on tobacco machinery.· pivot
1947
Established Hauni Maschinenfabrik Körber & Co. KG, manufacturing tobacco-industry machines.· pivot
1999
Körber PaperLink (later Körber Process Solutions) founded, expanding into tissue, hygiene, and intralogistics machinery.· pivot
2020
Körber restructured into five business areas: Digital, Pharma, Supply Chain, Tissue, and Tobacco.· pivot
2024
Generated €2.8 billion in revenue with 12,500+ employees across 100+ locations worldwide.· pivot
The stack
2 layers disclosed in Korber’s embedded-finance stack
Ledger
Modern Treasury
Treasury
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Korber — frequently asked

What ledger does Korber use?

Korber runs its ledger on Modern Treasury.

What is Korber's embedded finance stack?

The Embedded Finance Index 2026 maps 2 layers in Korber's stack: Ledger (Modern Treasury); Treasury (Modern Treasury).

Who founded Korber?

Korber was founded by Kurt A. Körber and is founded in 1946, headquartered in Hamburg, Germany.

How much funding has Korber raised?

Korber has raised $635M (debt) in total (latest round: Debt, amount $635M).

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