Comeco
ActiveLifestyle-Banking
Comeco GmbH Co. KG
About Comeco
Together with several Sparda banks (including Sparda banks Augsburg, Baden-Württemberg, Munich and Nuremberg), COMECO developed the free multi-banking app TEO. TEO is basically usable for all German bank customers and is constantly being improved. In addition, new functions that go beyond previous online banking offerings are added. We are approved by the German Federal Financial Supervisory Authority (BaFin) as an account information and payment initiation service. The benchmark for data security is the secure banking standards to which TEO is committed.
Mother company (shareholder): Comeco Verwaltungs-GmbH
Funding
€5.2m
Total raised
| Round | Year | Amount |
|---|---|---|
| Latest round | 2022 | €5.2m |
| Round −1 | 2021 | — |
Financials (€m)
| Year | Revenue | EBIT |
|---|---|---|
| 2018 | — | €-10.1m |
| 2019 | €100k | €-31.4m |
| 2020 | €800k | €-21.9m |
| 2021 | €3.5m | €-13m |
More in Banking Software and API
YAXI
ActiveThe Open Banking Infrastructure
Trusset
ActiveAsset Infrastructure APIs for financial institutions.
neoshare
Activeneoshare AG is the market leader for digitalization in the field of large-volume project and real estate financing and sees itself as a pioneer of digital transformation in the B2B financing landscape.
innus
ActiveCreative again with cutting-edge cloud banking
Hong Kong
China
India
Korea
Vietnam
Singapore
Kazakhstan
Israel
Qatar
UAE
Germany
Netherlands
Austria
Kenya
Rwanda