A multidisciplinary team of bpv Grigorescu Stefanica advised the venture capital fund Draper Esprit in connection with its Series B lead investment in FintechOS. The total value of the round was USD 60 million and included existing investors Earlybird Digital East, Gapminder Ventures, LAUNCHub Ventures, and OTB Ventures.
The team was led by Catalin Grigorescu, Managing Partner and Head of Technology Practice, and included Iulia Dragomir - Managing Associate and other lawyers from the firm’s corporate, IP and tax practices. International counsel to Draper Esprit was the international firm Withers LLP.
Catalin Grigorescu commented: „We are very proud to have advised Draper Esprit on this significant Series B financing round and happy to experience first-hand the confirmation of Fintech OS’s exceptional global growth story. This round will help Fintech OS boost its sales of innovative highly automated and personalized technology that is aimed to change the way people experience and engage with financial technology. Our involvement in this transaction is a confirmation that the strategy and investments leading to our firm being ranked as a tier #1 law firm for advice in technology in Romania for the 5th year in a row are paying off.”
Draper Esprit is a London-based venture capital (VC) firm that invests in the European technology sector. Draper Esprit’s portfolio includes approx. 70 investee companies, with 15 later-stage companies in the core portfolio (e.g. Trustpilot, UiPath, Cazoo, Revolut). Draper Esprit includes a range of funds (seed, EIS and VCT) within the group, as well as its flagship balance sheet VC fund.