Myos: Revolutionizing Asset-Based Finance with its Series A PitchDeck
About Myos
Myos is a cutting-edge FinTech and InsurTech startup that is transforming the realm of asset-based finance for online merchants. Under the insightful leadership of Nikolaus Hilgenfeldt, Myos has earned its reputation for offering swift and flexible working capital finance solutions tailored for eCommerce business growth. Offering robust solutions in inventory financing, purchasing support, and advertising, Myos extends milestone loans ranging from €10,000 to a whopping €2,500,000 to burgeoning eCommerce sellers.
About Myos's PitchDeck
Myos’s Series A round pitch deck presented in 2019 meritoriously secured a phenomenal $38.1 million funding for the company. The pitch deck brillianty captured Myos's disruptive approach to finance through a vivid depiction of the many benefits of asset-based finance. Equally noteworthey was the company's emphasis on its considerable network of warehouses and strategic partners. This successful funding round was instrumental in allowing Myos to further broaden its array of services and fortifying its commitment to bolstering growth of online sellers.
Why Investors Believed in Myos?
Investors were undoubtedly drawn to the enormous potential in Myos's unique niche within the lucrative fields of FinTech and InsurTech. They were captivated by the company's ground-breaking methodology of offering asset-based finance solutions which had a strong appeal for online merchants desiring swift and flexible financial support. Additionally, the potential of such a service in the exponentially growing eCommerce market could not be overlooked. The credible promise of utilizing the obtained funds for expansion and service enhancement also played a pivotal role in drawing investor confidence. Finally, the strong leadership of Nikolaus Hilgenfeldt and his visionary approach was another compelling factor that encouraged investors to believe and invest in Myos.
