FinTech news in Portugal category

Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. Wense, who founded the startup in 2020 together with Philipp Petrescu, added that MVP Match acts as an Employer of Record, which enables it to manage the whole recruiting process including the establishment of local office spaces and talent onboarding. MVP Match said it uses product and technology executives like CTOs and experienced domain experts to vet talent before recommending them to companies. The plan to grow its reach follows the launch of a new hub in Egypt that MVP Match will use to tap talent in Africa — with the aim of creating more networks in the region.

The startup sells a salary-advance service to employers to offer their staff — charging companies a commission for the tech rather than levying a fee on users to withdraw a portion of their salary early (as some other salary startups do).