Michael Schweikart, co-founder and co-CEO of Tomorrow, noted, 'We are currently passing an important milestone with Tomorrow. Despite a challenging market environment, which has hit many startups hard, we were able to secure a substantial financing round and are profitable on a monthly basis for the first time.'
With over 100,000 customers and more than 10,000 crowd investors, Tomorrow is Europe's largest crowd-backed company, offering sustainable current accounts and an investment fund aligned with the Paris Climate Agreement.
Tomorrow will utilize its new capital mainly for customer growth and expanding its products, including an interest rate product, reflecting their commitment to accessible, sustainable banking.
The company recently introduced flexible account fees for its 'Now' account model, enabling customers to pay what they want each month, starting at 0 euros, aiming to make sustainable banking more accessible.
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