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Top 5 Financial Services Startup Investors in Serbia (July 2026)

The most active venture capital funds and angel investors investing in Serbia Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Serbia Financial Services startup companies. Find investors to raise a Pre-Seed, Seed or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
European Bank for Reconstruction and Development
VC Fund
10 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Series B Financial Services, Banking, Finance $4M–$281M
European Union
VC Fund
1 Germany, United Kingdom, United States Grant, Seed Software, Information Technology, Health Care $16k–$28M
Funders
VC Fund
1 United States, United Arab Emirates, Serbia Seed, Series F FinTech, Financial Services, Apps $354k–$3.5M
CARBYN GROUP
VC Fund
1 Serbia, United States Pre-Seed FinTech, Blockchain, B2B
F6 Ventures
VC Fund
1 Egypt, United Arab Emirates, Saudi Arabia Seed, Pre-Seed Software, E-Commerce, Information Technology $14k–$1.3M
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Investor list

European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 10 investments in Serbia Financial Services startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 422
  • Round size: Series B $4M–$35M; Post-IPO Debt $18M–$281M; Debt Financing $5M–$200M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Infinity Power — Infinity Power is a renewable energy company that offers solar, battery storage, and grid infrastructure solutions.
  • Tbc Bank Group — TBC Bank Group PLC is the UK-based parent company of JSC TBC Bank and its affiliates, Georgia's largest banking group.
  • OTE Group of Companies — OTE Group is the technology company.They offers the full range of telecommunications services: from fixed-line and mobile telephony, broadband services, to pay television and integrated ICT solutions. In addition to its core telecommunications activities, the Group in Greece is also involved in maritime communications, real-estate and professionaltraining. Abroad, the Group operates in the telecommunications market of Romania, where it offers fixed-line and mobile communications, as well as television services.
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European Union
VC Fund · London, England, United Kingdom · 1 investments in Serbia Financial Services startups, 33 in the past 12 months

Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Grant, Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 208
  • Round size: Seed $16k–$5.4M; Grant $55k–$28M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Water PNG — Water PNG designs, constructs, and operates water treatment plants and provides water supply and sewerage services.
  • Malta International Airport — Malta International Airport operates flights to and from Malta, offers passenger services and shop & dine facilities.
  • Duke-NUS Graduate Medical School Singapore
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Funders
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Serbia Financial Services startups

Funders is a venture capital firm focused on seed-stage investments, with a primary focus on Fintech, AI and SaaS across Americas & Europe

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Investment focus

  • Industry: FinTech, Financial Services, Apps
  • Stage:Seed, Series F
  • Geography: United States, United Arab Emirates, Serbia

Investor stats

  • Total investments: 10
  • Round size: Seed $354k–$3.5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • AlgoX2 — AlgoX2 is a data streaming platform that allows you to stream data from any source to any destination
  • web2wave — We redefine user acquisition by revolutionizing how web-to-app funnels are built and optimized. Experience unmatched control and efficiency with our platform, designed to tackle the challenges of modern digital marketing and drive your business forward with groundbreaking results.
  • Signa — Signa is a global platform that uses artificial intelligence to identify and remove counterfeit products and false claims on social networks, marketplaces, and search engines. It serves businesses, especially in the pharmaceutical and beauty sectors, helping them recover lost revenue and protect their brands.The platform operates on a B2B SaaSmodel, providing tools for law firms, national authorities, and companies to work together in eliminating both digital and physical counterfeit goods.Launched in 2023, Signa reached a $1M USD ARR by the end of 2024, with clients in the U.S., Colombia, and Mexico.
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CARBYN GROUP
VC Fund · Limassol, Limassol, Cyprus · 1 investments in Serbia Financial Services startups

Early stage VC studio. Marketing support. Advisory. Development support. Carbyn - is your driven force!

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Investment focus

  • Industry: FinTech, Blockchain, B2B
  • Stage:Pre-Seed
  • Geography: Serbia, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ASTERIZM — Asterizm is an encrypted and trustless cross-chain communication protocol binding L1 & L2 networks (private and public blockchains). In Asterizm we are focused on B2B enterprise market. We are developing solution to let companies build any cross-chain logic even in private chains.
  • Chainspot — Deposit to any supported yield vault from any chain and any token with a single transaction. Manage your DeFi positions in one window from all chains.
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F6 Ventures
VC Fund · Gîza, Al Jizah, Egypt · 1 investments in Serbia Financial Services startups

F6 Ventures is a leading seed stage venture capital firm operating across emerging markets. We back exceptional founders from idea-stage all the way to Series A, combining early capital with strategic support and a commitment to long-term partnership. With deep ties across the Middle East, Africa, and beyond, we empower innovative startups to scalewith purpose and impact. We manage over $90M in AUM across more than 300 investments in seven countries. By investing early in Pre-Seed to Pre-Series A rounds, we help founders cover initial costs, develop their product, and take it to market. This early capital acts as a launchpad, enabling startups to hit key milestones like securing first customers, attracting follow-on funding, and making significant strides forward.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Egypt, United Arab Emirates, Saudi Arabia

Investor stats

  • Total investments: 268
  • Round size: Seed $14k–$1.3M; Pre-Seed $45k–$550k
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Lum!ere — Lum!ere is a designer and manufacturer of radical style brass, sterling silver, and gold plated jewelry.
  • ElSupplier.com — ElSupplier.com provides consumer goods. That product includes dairy products, olive oil, vinegar, and cheese. They allow consumers to directly buy goods or services from a seller over the internet using a web browser or a mobile app. Their products serve consumers.
  • The Baby Garage — The Baby Garage is a marketplace for kids products and services in e-commerce and consumer-to-consumer platforms. The platform offers parents a shopping marketplace that allows users to buy, sell, and donate. They provide products and services such as baby transport, nursing, feeding, bathing, skin care products, diapering, toys and activities,fashion, a baby room, and stationery.
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Financial Services Investor funding in Serbia at a glance

Stats across 20 deals from 8 investors.

8
investors
in Serbia Financial Services startups
20
deals
in Serbia Financial Services startups
$14M
median round
in Serbia Financial Services startups
63%
lead investors
lead at least one round
85%
Debt Financing
most common funding stage
100/0
VC / Angel
share of investor count

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