October 21, 2019 Press

Crosslend closes Series B financing round,
again under the advice of SMP

Berlin – Schnittker Möllmann Partners (SMP) advised Berlin-based fintech company Crosslend on their most recent financing round. The Series B financing round was led by new investor Santander Innoventures, an investment firm of Santander Bank. Besides the lead investor, participants included current shareholders such as Lakestar, Earlybird and ABN Amro. The financing round was preceded by a complex disposal of shares to new investor Finleap. Crosslend again received comprehensive legal and tax advice from a team led by SMP partner Peter Möllmann. The attorneys of SMP have been advising Crosslend ever since the company was established, in particular on all financing rounds carried out to date.

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