Rauva, a European fintech start-up developing a new financial “super-app” for small and medium-sized enterprises (SMEs) and freelancers, has appointed Maxence Cornet as chief technology officer (CTO).
Cornet has software development experience in fintech and web3 environments and was previously CTO and co-founder of Vybe, a French challenger bank that launched in September 2019 but closed down last month after running out of money. Vybe raised €4.6 million in funding and onboarded more than 40,000 customers prior to its closure.
Cornet is also the founder of Freyja Software, a web2 and web3 start-up founded in 2018.
Founded this year and headquartered in Portugal, Rauva aims to build an app for Europe’s Mediterranean region, providing country-specific, automated and integrated banking and financial management tools with a focus on SMEs and freelancers.
Rauva aims to launch in early 2023, starting with Portugal and Spain before expanding globally. It claims to have received “multi-million dollar” funding to kickstart its operations.